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  • MIL-OSI: VEEA® Announces Acquisition of AI-Enabled Smart Spaces Provider Crowdkeep

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) — Veea Inc. (NASDAQ: VEEA), a pioneer in edge computing and AI-driven solutions, announced today that it has acquired substantially all of the technology of Crowdkeep, Inc., a Delaware corporation (“Crowdkeep”) for shares of Veea’s common stock and other consideration.

    Crowdkeep develops and sells a comprehensive enterprise Internet of Things (IoT) platform that disrupts the traditional ways that organizations operate with a technology platform that collects real-time data to help improve the speed and accuracy of critical workplace operations, including schools, hospitals, hotels, manufacturing centers, office towers, construction sites, and virtually any building or campus that need to make fast and informed data-driven decisions about people, assets, and environments.

    Crowdkeep’s software platform will be integrated with Veea’s Edge Platform and utilize VeeaHub products, cameras and sensors with edge AI facilitating the tracking of valuable on-site assets, monitoring of equipment condition, eliminate manual processes associated with managing the workplace environment, while accounting for workers’ time, location, attendance and safety. With converged computing, communications, including 5G, AI inferencing and federated learning, distributed NVMe storage, real-time anomaly detection with ML toolchain, and scalable analytics with a serverless data warehouse platform, the combined solution provides for real-time management of the entire network with data privacy and enterprise-grade cybersecurity for both data-at-rest and data-in motion, as well as massive scalability for construction sites, hospitals, schools, smart buildings, hospitality, industrial warehouses and shipping yards, and many more market segments.

    This strategic acquisition will strengthen Veea’s market position as a leader in hybrid edge-cloud computing and communications solutions by enhancing its ability to deliver a more comprehensive end-to-end solution with AI-driven cybersecurity and cloud-based data and analytics platform allowing users to store, manage, report and analyze large volumes of data with time-to-insights and event notification for Smart Spaces and a wide range of digital transformations at the edge, ultimately benefitting Veea’s current customers and expanding Veea’s global market presence.

    Following the acquisition, Helder Antunes, the current CEO of Crowdkeep and a member of Veea’s board, will be joining Veea’s management team as an Executive Vice President and Chief Revenue Officer. Prior to Crowdkeep, Mr. Antunes was an executive of Cisco Systems for over twenty years, founder and first Chairman of the OpenFog Consortium. Mr. Antunes will drive the sales and marketing activities at Veea while overseeing a portfolio of strategic accounts with a focus on ensuring accurate and timely revenue recognition, aligning financial reporting with contractual obligations in close collaboration with the finance team.

    “This is an important transaction for both Veea and Crowdkeep, marking the beginning of an exciting new chapter. This transformative acquisition underscores Veea’s mission to provide innovative solutions that unlock the full potential of edge computing and AI, bridging the gap to a more connected, secure, and intelligent world,” said Allen Salmasi, Chief Executive Officer. “Together, we are combining our strengths to accelerate product innovation, expand our capabilities and addressable markets, while delivering unique capabilities that we believe no other platform currently offers.”

    “The need for massive data collection at the edge to safely, efficiently, and proactively manage today’s workplace is rapidly increasing,” said Helder Antunes, Chief Executive Officer of Crowdkeep. “The combined capabilities of Crowdkeep and Veea will provide users with real-time insights and actionable data at the edge that will enhance situational awareness, allow for quick decision-making, and enhance safety with AI-powered predictive intelligence.”

    About Veea

    Veea® has unified multi-tenant computing, multiaccess multiprotocol communications, edge storage and cybersecurity solutions through fully integrated cloud- and edge-managed products. Veea’s pioneering Multiaccess Edge Computing (MEC) product, developed from the ground up in several compact form factors, brings together the functionality typically provided for through any combination of servers, Network Attached Storage (NAS) devices, routers, firewalls, Wi-Fi Access Points (APs), IoT gateways, 4G or 5G wireless access, and cloud management by means of multiple hardware, software and systems integrated and maintained by IT/OT professionals. Veea Edge Platform offers application responsiveness, bolsters cybersecurity, data privacy and context awareness, and lowers data transport costs as well as total cost of ownership, while providing for easy installation, operations, monitoring and maintenance of edge networks.

    With Software Defined Networking (SDN), Network Function Virtualization (NFV), and network slicing over LAN, VeeaWare full-stack platform software uniquely provides for cellular-like subscription-based network-managed Wi-Fi and IoT devices over a connectivity and computing mesh network. It also enables application environment for a range of third-party ARM-based, x86-based and CUDA-based products that may incorporate GPUs, TPUs, DPUs, and/or NPUs that are all edge-managed through VeeaCloud.

    Veea was formed in 2014 and is headquartered in New York City with a rich history of major innovations in the development of advanced networking, wireless and computing technologies, along with over 122 granted and 25 pending patents in key aspects of hyperconverged edge computing technologies. For more information, visit veea.com and follow us on LinkedIn.

    About Crowdkeep

    Crowdkeep is an Internet of Things (IoT) platform that empowers users with real-time people and asset positioning to make fast, informed decisions about people, assets, and conditions throughout the workplace. Created out of a desire to introduce a comprehensive IoT platform that enables a safer and more efficient workplace, Crowdkeep looks to the future with agility and confidence to pioneer technologies that have staying power in the constantly evolving digital world.

    Crowdkeep is proud to lead a wave of digital transformation technologies that are changing the way businesses and organizations operate and make decisions. Crowdkeep takes aim at the ineffective and obsolete ways of doing things and offers customers cost effective solutions that are less complex, easy to deploy, and lead to insights and intelligent analysis that help the workplace become more productive and run safer. For more information visit crowdkeep.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”) as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “would,” “could,” “seek,” “intend,” “plan,” “goal,” “project,” “estimate,” “anticipate,” “strategy,” “future,” “likely” or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release regarding the Company’s strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements. Such forward-looking statements include, but are not limited to, risks and uncertainties including those regarding: the Company’s business strategies, and the risk and uncertainties described in “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Cautionary Note on Forward-Looking Statements” and the additional risk described in Veea’s Form 10-K for the year ended December 31, 2024 and any subsequent filings which Veea makes with the U.S. Securities and Exchange Commission. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements made in the press release relate only to events or information as of the date on which the statements are made in the press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.

    The Equity Group

    Devin Sullivan
    Managing Director
    dsullivan@equityny.com

    Conor Rodriguez
    Associate
    crodriguez@equityny.com

    The MIL Network –

  • MIL-OSI: Flam raises $14M to scale AI infrastructure for brand and marketing industry globally

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, May 13, 2025 (GLOBE NEWSWIRE) — Most marketing today still relies on passive consumption over active engagement. In a world where consumer attention is harder to earn than ever, brands are searching for new ways to turn one-way messages into engaging, two-way interactions. Flam is building the infrastructure to make that possible. The company has raised $14 million in Series A funding to scale its AI Infra – making it easy for marketers to turn any touchpoint into an interactive, app-less digital and 3D experience.

    The round was led by RTP Global, with participation from Dovetail and other existing investors, bringing Flam’s total funding to $22 million.

    Flam team: (L to R) CTO Amit Gaiki with founders Shourya Agarwal and Malhar Patil.

    To date, Flam has been transforming advertising by turning traditional ads into interactive MR experiences. A simple QR code Scan or a link will let users instantly immerse in an experience that can showcase a product, tell a story, or unlock a deeper layer of the brand — all without needing to download an app.

    Flam’s platform allowed brands to launch interactive content via QR codes or link on any touchpoint – Digital, Broadcast TV, Mass Media, Retail, OOH, packaging, even WhatsApp messages. One scan or a link click, and consumers are instantly immersed in an experience that can showcase a product, tell a story, or unlock a deeper layer of the brand — all without needing to download an app.

    Starting this year, Flam has been accelerating R&D on its app-less GenAI infrastructure that enables brands to create, publish and measure high-fidelity MR, 3D & Digital experiences in <300 ms on any smartphone. The same infra already powers campaigns for Google, Samsung, Emirates and hundreds of global enterprises and agency powerhouses.

    “Our mission is to turn every touch-point — Digital, Broadcast TV, Mass Media, Retail, Stadium Fan engagements —into an interactive digital experience,” said Shourya Agarwal, co-founder & CEO of Flam. “We are laser focused  to ship the GenAI tools that brands and enterprises have been yearning for. Flam has galvanised marketers around the world now we’re taking it to the next level with a full stack enterprise suite of products across channels; to make them engaging, measurable, interactive.

    The platform is already being used by 100+ global brands including Google, Samsung, Emirates, Britannia, and Mahindra, with real-time mixed reality campaigns that have reached over 380+ million users. From turning product packaging into shareable stories to activating 3D demos on TV ads and billboards, Flam is helping brands create experiences that feel native to how people consume media today.

    Flam will expand its partner program for creative studios and global platforms, enabling Fortune 500 brands to move from pilot to rapid global roll-out . Upcoming product development includes GenAI-driven 3D asset generation, Democratising MR deployment at scale, Enterprise Suite of Products across Industries, and Infrastructure for broadcasters and fan engagement.

    With its Series A secured, Flam aims to redefine how consumers interact with ads, retail aisles, live broadcasts and fan moments—turning content and interfaces into shoppable, shareable experiences that deliver measurable ROI. 

    “This capital unlocks the next chapter of Flam’s deep‑tech roadmap. Our edge‑compute architecture already streams hyperreal mixed‑reality in under 300 ms; the next milestone is a fully generative pipeline that lets brands create, personalise, and publish Digital & 3D experiences on the fly—secure and at scale” Amit Gaiki, co‑founder & CTO added.

    Nishit Garg, Partner at RTP Global commented: “The time for MR is now — and Flam is uniquely positioned to lead this wave. What excites us is not just the technology, but the clarity of vision and speed of execution. Shourya, Malhar and team are building a category-defining company—and we’re excited to be part of their journey in this next phase of growth”. While, Amal Parikh, Managing Director at Dovetail added: “With Limitless applications, strong execution and clear vision we believe Flam is set to redefine how brands connect with consumers” said 

    Flam currently employs 120+ people across engineering, AI, creative tech, and go-to-market teams. The company expects to grow to 180+ employees by the end of 2025, with expansion across the U.S., Europe, and Asia already underway.

    “The World is meant to be experienced. Immersive media shouldn’t just be a video,” added Shourya Agarwal. “That said, the creation of immersive media should be as easy and ubiquitous as a video. Flam is here to power enterprises precisely for this.”

    Ends 

    Media images can be found here. 

    About Flam
    Founded in 2021 by BITS Pilani Alumni, Shourya Agarwal, Malhar Patil, Amit Gaiki, Flam is building a full-stack enterprise suite of GenAI-powered products to redefine how brands engage with audiences. 

    Headquartered in San Francisco in the US and Bengaluru in India, Flam empowers brands, broadcasters, and enterprises to turn any touchpoint—across digital, television, retail, and live events—into interactive, measurable, and engaging gateways. For more information, visit www.flamapp.ai 

    About RTP Global
    RTP Global is an early-stage venture capital firm, backing the founders who use technology to reimagine how the world works. Since 2000, RTP Global has made over 150+ investments worldwide, with one in 10 becoming multi-billion dollar companies and one in 20 publicly trading at over $10bn. Notable investments include Datadog, DeliveryHero, Cred and SumUp. RTP Global has offices in New York, London, Paris, Dubai and Bangalore. For more information on RTP Global, visit www.rtp.vc

    The MIL Network –

  • MIL-OSI: Growing Prevalence of Cyber Threats Causing Tech Companies to Invest Heavily in AI-Powered Cybersecurity Solutions

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., May 13, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The Artificial Intelligence (Al) in cybersecurity market is rapidly expanding as organizations increasingly adopt Al-driven solutions to improve threat detection, prevention, and response to evolving cyber risks. The network security segment dominated the Al in cybersecurity market expansion in 2024 due to the critical need to safeguard organizational networks from evolving cyber threats. A report from an industry insider said that: “The global AI in cybersecurity market assessment, based on type, includes network security, endpoint security, application security, and cloud security. The network security segment dominated the AI in cybersecurity market expansion in 2024 due to the critical need to safeguard organizational networks from evolving cyber threats. Securing networks against malware, phishing, and ransomware attacks has become a top priority as enterprises increasingly adopt digital transformation initiatives and cloud-based infrastructures. AI-powered network security solutions excel in real-time traffic analysis, abnormality detection, and proactive threat mitigation, ensuring robust protection of sensitive data and operational continuity. This essential role in securing core systems and communications highlights the network security segment’s dominance. The global AI in cybersecurity market evaluation, based on application, includes identity & access management, risk & compliance management, data loss prevention, unified threat management, fraud detection/ anti-fraud, threat intelligence, others. The data loss prevention segment is expected to witness the fastest AI in cybersecurity market growth during the forecast period due to the rising emphasis on safeguarding sensitive and confidential information.”   Active companies in cybersecurity news today include Cycurion Inc. (NASDAQ: CYCU), Cloudflare, Inc. (NYSE: NET), Palo Alto Networks® (NASDAQ: PANW), Broadcom Inc. (NASDAQ: AVGO), CrowdStrike (NASDAQ: CRWD).

    The report continued: “Organizations face heightened risks of accidental leaks or intentional data breaches with increasing volumes of data being generated and exchanged. AI-driven DLP solutions offer advanced capabilities to monitor, identify, and prevent unauthorized data transfers or exposure, ensuring compliance with strict data protection regulations such as Digital Personal Data Protection Act (DPDPA), California Consumer Privacy Act (CCPA), and others. This growing need for robust data security across industries positions the DLP segment for accelerated adoption during the forecast period.   North America dominated the AI in cybersecurity market revenue in 2024 due to the region’s advanced technological infrastructure and high adoption of innovative security solutions. The presence of major cybersecurity companies such as IBM and AWS and early adopters of AI-driven technologies across industries such as finance, healthcare, and government especially contributed to market dominance.”

    Cycurion Inc. (NASDAQ:CYCU) Secures $33 Million Contract Renewal to Enhance Cybersecurity for State- Level Public Higher Education Institutions – Cycurion (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces that it has been awarded a significant contract renewal by a major state-level public higher education group. Under this renewed agreement, Cycurion will deliver comprehensive cybersecurity services to member universities and colleges within the group, ensuring they are equipped to defend their education-focused operations and digital assets against the ever-evolving landscape of cyber threats. The renewal, valued at $33 million over the five-year term, extends Cycurion’s partnership through November 2030.

    Comprehensive Cybersecurity Services – As part of this renewed contract, Cycurion will provide an extensive suite of cybersecurity and governance, risk, and compliance (GRC) 24x7x365 managed support services, which include:

    •        Enterprise Security Strategy: Developing a holistic approach to security that aligns with institutional goals and protects valuable digital assets

    •        Risk & Vulnerability Assessment & Testing: Continuous evaluation and testing of security measures to identify vulnerabilities and enhance defenses

    •        Disaster Recovery: Strategies and solutions to restore systems and data after disruptive events

    •        Business Continuity Planning: Ensuring ongoing operations during and after a security incident

    •        Forensics and Recovery Services: Comprehensive support for incident investigation and data recovery

    •        Regulatory Compliance Analysis: Assisting institutions in meeting federal and state compliance requirements

    “We are honored to continue serving this key state-level public higher education group customer,” said L. Kevin Kelly, CEO of Cycurion. “The contract underscores the capabilities and value proposition of Cycurion’s suite of managed information technology support services and our commitment to minimizing cybersecurity risk for our education vertical clients.”

    Opportunity for Broader Access – In addition to the member institutions of this State- Level Public Higher Education Group, any university or governmental entity across the United States can leverage this contract vehicle to access our cybersecurity services. The contract provides a streamlined pathway for educational and governmental organizations to enhance their cybersecurity posture without the need for an extensive procurement process.   CONTINUED…   Read this entire press release and more news for CYCU at: https://www.financialnewsmedia.com/news-cycu/

    In other developments in the markets of note:

    Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, recently announced a wave of global technology companies, including Asana, Atlassian, Block, PayPal, Sentry, Stripe, and more, are working with Cloudflare to create powerful AI experiences through Anthropic’s AI assistant, Claude. These software companies are enabling Claude and other AI assistants to securely interact with their services on behalf of users, through connections built on Cloudflare Workers. Now users can complete tasks and interact with their favorite business tools through natural conversations with Claude, rather than working directly in the application.

    AI is already transforming the way we work by helping to edit emails, generate code, and analyze data. However, it still often requires the user to switch between multiple applications, tabs, and tools to implement the actions it recommends. For truly autonomous, agentic AI experiences, AI tools should be able to act on the user’s behalf. That can only happen if AI tools can directly interact with business software tools. MCP servers allow AI platforms to connect directly to the popular tools where data resides so the user can send an email, answer a question about a marketing campaign, or create invoices–all without leaving the AI assistant. But delivering reliable, low-latency, and secure access to external tools and data is a significant technical challenge, especially at global scale.

    Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, and the National Hockey League (NHL®) recently unveiled Cortex XSIAM® 3.0, the next evolution of its industry-leading SecOps platform, bolstered with proactive exposure management and advanced email security, enabling customers to further consolidate on Cortex for significantly better, faster and more cost-effective security operations.

    Three years ago, Palo Alto Networks anticipated the future of security operations by introducing Cortex XSIAM, which consolidates and normalizes all cybersecurity data to fuel advanced, real-time analytics and automation, making disjointed point products obsolete. The best-selling platform surged past $1 billion cumulative bookings in FY25 Q2, making it our fastest offering to reach this milestone. Earlier this year, Palo Alto Networks doubled down on cloud security with the introduction of Cortex Cloud, converging its industry-leading CNAPP and CDR capabilities on the unified Cortex platform.

    Broadcom Inc. (NASDAQ: AVGO) recently announced Incident Prediction, an industry-first security capability that extends Adaptive Protection, a unique feature of Symantec Endpoint Security Complete (SES-C), by leveraging AI to identify and disrupt living-off-the land (LOTL) attacks and other cyberthreats.

    Trained on a catalog of over 500,000 real-world attack chains built by the world-class Symantec Threat Hunter Team, Incident Prediction puts the advantage back in defenders’ hands by: predicting attackers’ behaviors, preventing their next move in the attack chain even when they’re using legitimate software, and then quickly returning the enterprise to its normal state. With Incident Prediction, SES-C delivers exceptional cyber resilience against motivated adversaries.

    CrowdStrike (NASDAQ: CRWD) recently released its 2025 State of SMB Cybersecurity Report, uncovering a widening gap between cybersecurity awareness and readiness among small and medium-sized businesses (SMBs). While 93% of SMBs consider themselves knowledgeable about cybersecurity risks and 83% report having a plan in place, just 36% are investing in new tools – and only 11% have adopted AI-powered defenses.

    Based on insights from SMB decision-makers across industries and company sizes, the research reveals that despite rising awareness, most SMBs still lack the budget, tools and in-house expertise to stop modern threats. With attacks becoming more advanced and frequent, SMBs need protection that’s easy to use, affordable to deploy and built to scale with their business.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated fifty two hundred dollars for news coverage of the current press releases issued by Cycurion Inc. by a non-affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI Global: Lim Cosmic Rhapsody: this orchestral journey to outer space aims to deliver hope amid global crisis – but falls short

    Source: The Conversation – UK – By Gavin Williams, Lecturer in Music, King’s College London

    On the evening of May 5, I took my seat in London’s Barbican Centre to experience a programme of interplanetary music. The concert began with the world premiere of Lim Cosmic Rhapsody, a piece by composer Manu Martin, and ended with Gustav Holst’s The Planets (completed in 1916 and first performed in 1920). Athwart these large orchestral works, lasting about 50 minutes each, lay a century’s worth of knowledge about space and music.

    Lim Cosmic Rhapsody is a piano concerto, which aspires to tell, according to the work’s creative director Susan Lim, a “compelling story of climate change and humanity’s search for solutions beyond Earth”. Following the premiere, the piece has been released as an album.

    Its first performance saw celebrated pianist Jean-Yves Thibaudet command the stage in an iridescent dark-blue jacket and crystal-encrusted black slippers. The Royal Philharmonic Orchestra, led by conductor Robert Ziegler, was excellent and extended for the occasion by a huge choir drawn from the City of London Choir and London Voices, together with duduk (a type of flute), theremin (an electronic instrument), a drum kit and electric guitar and bass.

    Additional vocal stylings were supplied by Matthieu Eymard and Britain’s Got Talent 2023 finalist Tom Ball. They jointly closed the concerto with a rock-inspired number celebrating human-alien hybrids.

    But it began, with stern minor blows from the piano and an orchestral flurry reminiscent of Norwegian composer Edvard Grieg. They were intended to conjure up, as the programme notes explained, a “futuristic space lab in California in 2035”.

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    The notes told us to expect the “arrival of a Humanimate” – an apparently friendly alien with an “expanded genetic code” containing human and “inanimate” elements. Cue oohs and aahs from the choir. The overall effect was that of a Hollywood soundtrack by James Horner, the composer for Titanic and Avatar.

    Using the orchestra to tell stories is an established practice in contemporary film music, and in an earlier tradition of 19th-century programme music. The idea of using orchestral music to narrate global, environmental stories is, however, relatively new — an early example being Michael Abel’s Global Warming (1990), which juxtaposes musical idioms from across the world.

    More recent orchestral works in this area, by contrast, tend to avoid “symphonising” the climate crisis – melding together musical differences into optimistic stories about “humanity” overcoming Earth – by sounding out specific ecologies under threat.

    In Lim Cosmic Rhapsody, music and story are tightly woven, as in film music. But without the visual dimension, the story is hard to follow. I have reconstructed the following from the album pre-recorded by the record label Decca and released to coincide with the premiere.

    The story of the concert follows a purple alpaca named Lavvy, brought back to life by a 3D printer, who guides a delegation from Earth to her homeland on a far-off planet, known as Purple Cave. A Song of a Lost Tribe pays tribute to the indigene-alpaca and her kind. Composed by Indian songwriter Joi Barua and orchestrated by Manu, it sets a melody in the shakuhachi, a Japanese bamboo flute (here expertly played by Andrew Findon), against slow-burn motor rhythms and faux-ethnic chanting.

    We arrive at the Purple Cave. A martial beat recalls Darth Vader but soon dissolves into an uplifting riff, as Lavvy the resurrected alpaca prepares for her immortalisation. At the work’s peak, she obligingly blows herself up, becoming Star Among the Cosmic Clouds (a twinkling piano Alberti bass paints the scene) and releasing life-saving purple dust to rescue the Earthlings.

    Star Among Cosmic Clouds from Lim Cosmic Rhapsody.

    The work was conceived by Singaporean composer and surgeon Susan Lim in the early days of lockdown from the ski slopes of Courchevel, France. In this moment of global crisis, she found hope in SpaceX’s Crew Dragon flight, that delivered Nasa astronauts to the International Space Station in May 2020.

    Lim prepared for the event by releasing a carefully timed animated tweet that caught the attention of SpaceX’s owner Elon Musk. He replied with a quote from Queen’s Bohemian Rhapsody: “Open your eyes, look up to the skies.”

    From this digital acorn, the Alan trilogy, of which Lim Cosmic Rhapsody is the second instalment, was born and continues to grow. A third part, Lim Symphony of the Oceans, is on the way.

    Creativity and privilege

    The series’ large creative team includes distinguished artists but is clearly led by Lim and other medics who have “never created art before” (according to the album’s liner notes). This speaks to the money and the power behind the project, together with the ego and eccentricity of its creative director.

    Beyond this work’s neocolonial fantasy of an exploding alpaca, it also speaks to the privilege of those who can afford to indulge in implausibly optimistic stories of technocratic overcoming. I was reminded of Indian writer Amitav Ghosh’s argument for the need for new ways to narrate the climate crisis as an urgent problem of human understanding. The combination of music and story on offer here was a serious misstep in this regard.

    It was a relief to step back a hundred years in music history and listen with fresh ears, in the second half of the concert, to Gustav Holst’s orchestral take on the galaxy, produced during another time of global crisis, the first world war, albeit on more slender means. Holst’s astrology-inspired suite felt imaginative, fresh and crisp in the Royal Philharmonic Orchestra’s thoroughly committed performance.

    As I transitioned from the cosmic clouds and back into the city fumes, ecological questions hung in the air. But not the questions the creators of Lim Cosmic Rhapsody might have hoped (how to save humanity? will science save the day? where to start space mining?) but rather that of the music’s own ecological footprint.

    Conspicuous in this last respect was the mindless printing of hundreds of 33rpm records of the work, given away as party favours during a champagne reception before the concert and during the interval. How many times will these records, pressed from fresh plastics derived from oil, be played? Given the large stack left on the table at the end of the evening, I suspect some may never be played even once.

    Gavin Williams does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Lim Cosmic Rhapsody: this orchestral journey to outer space aims to deliver hope amid global crisis – but falls short – https://theconversation.com/lim-cosmic-rhapsody-this-orchestral-journey-to-outer-space-aims-to-deliver-hope-amid-global-crisis-but-falls-short-256384

    MIL OSI – Global Reports –

  • MIL-OSI Economics: Phillips 66 Issues Statement Following Glass Lewis and ISS Reports

    Source: Phillips

    Disagrees with ISS’ and Glass Lewis’ Recommendations which Failed to Address Critical Issues Reiterates The Strength Of Phillips 66’s Highly Qualified Board And Nominees

    HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) today announced that it strongly disagrees with the recommendations issued by Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”).
    “We disagree with the recommendations issued by ISS and Glass Lewis,” said the Phillips 66 Independent Directors. “We remain committed to engaging with and listening to our shareholders on the issues in this campaign.”
    The Company notes the following issues and omissions in the reports’ analyses that remain critical factors for shareholders to consider:
    Elliott’s break-up thesis not examined: The reports did not opine on the merits of Elliott’s thesis to break up Phillips 66, which is the primary objective of Elliott’s campaign. In fact, ISS stated clearly that its report “is not an endorsement of a Midstream and/or Chemicals separation.” Supporting Elliott’s directors implicitly supports this risky path and overrides the judgment of Phillips 66’s highly qualified Board. Our Board continually evaluates the portfolio to maximize shareholder value and currently believes that the integrated model is the best path to shareholder value creation. As we always have, we remain committed to regularly and aggressively assessing these options going forward.
    Concerning assessment of director independence: By recommending against Robert Pease, the reports establish a concerning precedent on evaluating director independence.
    The reports suggest a director selected and vetted by a shareholder can be determined to lack independence after one month on the board and one vote. The single vote was for a combined CEO and Chair, a policy that is in place at 44% of S&P 500 companies.1
    This analysis disregards the fact that Mr. Pease’s vote represented his professional judgment as a 30-year corporate leader and ignores the fact that Mr. Pease was carefully evaluated for his qualifications and independence by Elliott. It also fails to apply any scrutiny to Elliott’s self-interested lack of support for its recently supported director.

    Reliance on board analysis from five years ago: ISS acknowledged that Phillips 66 has refreshed its Board substantially since July 2020. Yet, it still claimed that a lack of Board refreshment prior to the COVID-19 pandemic reflects a need for change now.
    Concerning governance overlooked: ISS and Glass Lewis disregarded Elliott’s ongoing efforts to acquire CITGO. The reports also overlook the fact that this pursuit took place concurrently with discussions of a second director appointment. Notably, neither report mentions anything about Elliott’s misleading disclosures and the overlapping relationships of its director nominees. These are unresolved issues that are highly relevant to shareholder considerations.
    Phillips 66 reiterates its commitment to ongoing transformation and governance refreshment. The Company reminds shareholders of key facts including:
    Consistent refreshment: Phillips 66 has added five new independent directors in the past four years to equip the Board with fresh perspectives and independent viewpoints. In its report, ISS acknowledged the Company’s board refreshment efforts, noting “Beginning in July 2020, the pace of board refreshment accelerated rapidly. The board appointed Julie Bushman early that month, Lisa Davis in October 2020, Denise Singleton and Doug Terreson in July 2021, and Greg Hayes in July 2022. Mark Lashier also joined in July 2022 in connection with his succession as CEO. Accompanying these appointments, Ferguson departed in August 2020, and McGraw and Tschinkel departed in March 2021.”
    Strong governance practices: The Board is firmly committed to declassification that would require all directors to stand election each year. The last attempt to do so received approval from 73% of outstanding shares.
    In its report, ISS supported Phillips 66’s declassification proposal, arguing, “The proposed declassification, assuming it can clear the supermajority hurdle, would enhance board accountability to shareholders, and the resubmission of this proposal to a vote after it failed in prior years demonstrates a commitment to shareholders’ interests on the part of management.”

    Early days in transformation strategy: ISS recognizes that Phillips 66 has improved its operating results since Mark Lashier stepped in as CEO on July 1, 2022 and achieved a total shareholder return above that of key competitors. ISS noted, “Since the appointment of Lashier as CEO through May 8, 2025, PSX has outperformed VLO by 20.9 percentage points.” Phillips 66 has made it clear that it is working to improve operations but is not satisfied with its results. In under three years, the Company has made progress on corporate cost takeout, refining performance, asset divestitures and more. These are facts recognized by the reports. These actions reflect a commitment to improvement that is continuing and will lead to further performance improvement and ultimately increased shareholder value.
    Relevant director skills: Phillips 66’s Board composition is closely aligned with the Company’s strategy and the issues raised in this campaign. Of the continuing Directors and nominees, six have refining experience, five have chemicals experience and five have midstream experience. The majority has experience in business transformations, several have expertise in finance and a number are experts in supply chains.2 Notably, the Company’s Directors and nominees have overseen more than $300 billion in “breakup or major divestiture transactions.3
    Phillips 66 encourages shareholders to reach their own informed conclusions.
    Elliott is seeking rapid, irreversible change in pursuit of a short-term thesis that would introduce significant risks to Phillips 66 shareholders. Do not let Elliott’s short-term and misinformed thesis disrupt your consistent and compelling returns.
    Phillips 66 recommends that shareholders use the WHITE proxy card to vote:
    ‘FOR’ only its four nominees using the WHITE proxy card;
    ‘FOR’ management’s proposal to approve the declassification of the Board of Directors, in line with the recommendations from ISS & Glass Lewis;
    ‘AGAINST’ Elliott’s proposal requiring annual director resignations, which implementing would violate Delaware law and put your Board at significant legal and reputational risk.
    The Board strongly recommends that shareholders safeguard their investment in Phillips 66 by casting their vote as soon as possible, regardless of plans to attend the Annual Meeting virtually on May 21, 2025.
    Shareholders may receive materials from Elliott Management that say “Gold proxy card” or “Gold voting instructions” or similar language. Phillips 66 recommends that shareholders DISCARD any Gold voting materials they may receive from Elliott. Shareholders may cancel out any vote made using a Gold proxy card by voting again TODAY using the Company’s WHITE proxy card. Only the latest-dated vote will count.
    About Phillips 66
    Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.
    Forward-Looking Statements
    This news release contains forward-looking statements within the meaning of the federal securities laws relating to Phillips 66’s operations, strategy and performance. Words such as “anticipated,” “committed,” “estimated,” “expected,” “planned,” “scheduled,” “targeted,” “believe,” “continue,” “intend,” “will,” “would,” “objective,” “goal,” “project,” “efforts,” “strategies” and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements included in this news release are based on management’s expectations, estimates and projections as of the date they are made. These statements are not guarantees of future events or performance, and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include: changes in governmental policies or laws that relate to our operations, including regulations that seek to limit or restrict refining, marketing and midstream operations or regulate profits, pricing, or taxation of our products or feedstocks, or other regulations that restrict feedstock imports or product exports; our ability to timely obtain or maintain permits necessary for projects; fluctuations in NGL, crude oil, refined petroleum, renewable fuels and natural gas prices, and refining, marketing and petrochemical margins; the effects of any widespread public health crisis and its negative impact on commercial activity and demand for refined petroleum or renewable fuels products; changes to worldwide government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs including the renewable fuel standards program, low carbon fuel standards and tax credits for renewable fuels; potential liability from pending or future litigation; liability for remedial actions, including removal and reclamation obligations under existing or future environmental regulations; unexpected changes in costs for constructing, modifying or operating our facilities; our ability to successfully complete, or any material delay in the completion of, any asset disposition, acquisition, shutdown or conversion that we have announced or may pursue, including receipt of any necessary regulatory approvals or permits related thereto; unexpected difficulties in manufacturing, refining or transporting our products; the level and success of drilling and production volumes around our midstream assets; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products, renewable fuels or specialty products; lack of, or disruptions in, adequate and reliable transportation for our products; failure to complete construction of capital projects on time or within budget; our ability to comply with governmental regulations or make capital expenditures to maintain compliance with laws; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets, which may also impact our ability to repurchase shares and declare and pay dividends; potential disruption of our operations due to accidents, weather events, including as a result of climate change, acts of terrorism or cyberattacks; general domestic and international economic and political developments, including armed hostilities (such as the Russia-Ukraine war), expropriation of assets, and other diplomatic developments; international monetary conditions and exchange controls; changes in estimates or projections used to assess fair value of intangible assets, goodwill and property and equipment and/or strategic decisions with respect to our asset portfolio that cause impairment charges; investments required, or reduced demand for products, as a result of environmental rules and regulations; changes in tax, environmental and other laws and regulations (including alternative energy mandates); political and societal concerns about climate change that could result in changes to our business or increase expenditures, including litigation-related expenses; the operation, financing and distribution decisions of equity affiliates we do not control; and other economic, business, competitive and/or regulatory factors affecting Phillips 66’s businesses generally as set forth in our filings with the Securities and Exchange Commission. Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
    Additional Information
    On April 8, 2025, Phillips 66 filed a definitive proxy statement on Schedule 14A (the “Proxy Statement”) and accompanying WHITE proxy card with the U.S. Securities and Exchange Commission (the “SEC”) in connection with its 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”) and its solicitation of proxies for Phillips 66’s director nominees and for other matters to be voted on. This communication is not a substitute for the Proxy Statement or any other document that Phillips 66 has filed or may file with the SEC in connection with any solicitation by Phillips 66. PHILLIPS 66 SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE PROXY STATEMENT (AND ANY AMENDMENTS AND SUPPLEMENTS THERETO) AND ACCOMPANYING WHITE PROXY CARD AND ANY OTHER RELEVANT SOLICITATION MATERIALS FILED WITH THE SEC AS THEY CONTAIN IMPORTANT INFORMATION. Shareholders may obtain copies of the Proxy Statement, any amendments or supplements to the Proxy Statement and other documents (including the WHITE proxy card) filed by Phillips 66 with the SEC without charge from the SEC’s website at www.sec.gov. Copies of the documents filed by Phillips 66 with the SEC also may be obtained free of charge at Phillips 66’s investor relations website at https://investor.phillips66.com or upon written request sent to Phillips 66, 2331 CityWest Boulevard, Houston, TX 77042, Attention: Investor Relations.
    Certain Information Regarding Participants
    Phillips 66, its directors, its director nominees and certain of its executive officers and employees may be deemed to be participants in connection with the solicitation of proxies from Phillips 66 shareholders in connection with the matters to be considered at the 2025 Annual Meeting. Information regarding the names of such persons and their respective interests in Phillips 66, by securities holdings or otherwise, is available in the Proxy Statement, which was filed with the SEC on April 8, 2025, including in the sections captioned “Beneficial Ownership of Phillips 66 Securities” and “Appendix C: Supplemental Information Regarding Participants in the Solicitation.” To the extent that Phillips 66’s directors and executive officers who may be deemed to be participants in the solicitation have acquired or disposed of securities holdings since the applicable “as of” date disclosed in the Proxy Statement, such transactions have been or will be reflected on Statements of Changes in Ownership of Securities on Form 4 or Initial Statements of Beneficial Ownership of Securities on Form 3 filed with the SEC. These documents are or will be available free of charge at the SEC’s website at www.sec.gov.
    1. Matthew Tonello, “2023 Disclosure Practices on Board Leadership and Structure,” Harvard Law School Forum on Corporate Governance, May 12, 2025, https://corpgov.law.harvard.edu/2024/01/18/2023-disclosure-practices-on-board-leadership-and-structure/.2. Source: Company filings, public filings.3. Source: Deal Point Data, Reuters, FactSet, Financial Times, RBC Capital Markets.

    Source: Phillips 66

    MIL OSI Economics –

  • MIL-OSI Global: Type 5 diabetes is a newly recognised disease – here are all the types of diabetes you need to know about

    Source: The Conversation – UK – By Craig Beall, Senior Lecturer in the Neuroscience of Energy Homeostasis, University of Exeter

    Suriyawut Suriya/Shutterstock.com

    Type 5 diabetes has just been recognised as a distinct form of diabetes by the International Diabetes Federation. Despite the name, there are more than a dozen different types of diabetes. The classification isn’t quite as tidy as the numbering suggests.

    Here’s a clear guide to the different types, including some that you may not have heard of, along with information about what causes them and how they are treated.

    Type 1

    Type 1 diabetes is caused by the body’s immune system mistakenly attacking the insulin-producing cells in the pancreas. This autoimmune reaction can occur at any age, from infancy through to old age.

    It is not linked to diet or lifestyle. Instead, it probably results from a combination of genetic predisposition and environmental triggers, such as viral infections.

    Treatment involves lifelong insulin therapy, delivered through injections or pumps.

    A small number of people who struggle with low blood sugars, called hypoglycaemia, can receive new cells in the pancreas that produce insulin from deceased donors. For many, this reduces the number of insulin injections needed. Some can stop taking their insulin altogether.

    What’s more, dozens of people have now received stem-cell-derived transplants to effectively “cure” their diabetes, although people still need to take strong immune-suppressing drugs. This treatment is not yet widely available.

    Type 2

    Type 2 diabetes is the most common form of the condition and is often linked to having a high BMI (body mass index). However, it can also affect people of normal weight, particularly those with a strong genetic predisposition.

    Certain ethnic groups, including south Asians and people of African and Caribbean descent, are at higher risk – even at lower body weights.

    Boosting the body’s production of insulin can help to control blood sugar levels. Some drugs boost insulin production from the pancreas, while others improve insulin sensitivity.

    Metformin, for example, is taken by hundreds of millions of people worldwide. This drug improves insulin sensitivity and switches off sugar production by the liver.

    There are dozens of different drugs to help control blood sugar in type 2 diabetes. Tailoring treatment to the individual has been shown to improve health outcomes significantly.

    Lifestyle changes can also reverse diabetes. This can be done by keeping a low-calorie diet of 800 calories a day. In a research trial maintaining this diet for 12 months reversed diabetes in 46% of people.

    Gestational diabetes

    This type of diabetes develops during pregnancy, typically between weeks 24 and 28. It is triggered by hormonal changes that reduce the body’s sensitivity to insulin.

    Risk factors include being overweight or obese, a family history of diabetes, and giving birth to a large baby in a previous pregnancy.

    Those from Middle Eastern, south Asian, black and African Caribbean backgrounds are also at higher risk of gestational diabetes. Age is also a factor, as insulin sensitivity declines with age. This can be treated with diet and exercise, tablets or insulin injections.

    Gestational diabetes usually develops during the second or third trimester of pregnancy.
    Just Life/Shutterstock.com

    Rarer forms of diabetes

    There are at least nine sub-types of diabetes that include rare genetic forms, sometimes caused by a single genetic change. Others can be caused by treatment, such as surgery or drugs, such as steroids.

    • Neonatal diabetes appears early in life. Some of the genetic changes affect how insulin is released from the pancreas. Some people still make their own insulin, so can be treated with tablets that help pancreas cells to push out insulin.

    • Maturity onset diabetes of the young, or Mody, occurs later in life and is linked to genetic changes. There are several gene changes, with some affecting how pancreas cells sense sugar and others affecting how the pancreas develops.

    • Type 3c diabetes is different. It is caused by damage to the pancreas. People with pancreatic cancer, for example, can develop diabetes after parts of the pancreas are removed. It can also develop after pancreatitis (inflammation of the pancreas).

    • Those with cystic fibrosis are also at a higher risk of developing diabetes. This is called cystic fibrosis-related diabetes. The risk increases with age and is very common, with around a third of people with cystic fibrosis developing diabetes by the age of 40.

    Type 5

    This newly designated form is linked to malnutrition during early life. Type 5 diabetes is more common in poorer countries. It affects around 20-25 million people worldwide.

    People have low body weight and lack insulin. But the lack of insulin is not caused by the immune system. Instead, the body may not have received the correct nutrition during childhood to help the pancreas develop normally.

    Studies with rodents have shown that a low-protein diet during pregnancy or adolescence leads to poor pancreas development. This has been known for many years. Having a smaller pancreas is a risk factor for different forms of diabetes. Essentially, having fewer reserves of insulin-producing cells.

    Diabetes is an umbrella term for a range of conditions that result in raised blood sugar levels, but the underlying causes vary widely. Understanding the specific types of diabetes someone has is crucial to providing the right treatment.

    As medical science evolves, so does the classification of diabetes. Recognising malnutrition-related diabetes as type 5 will stimulate discussion. This is a step towards better global understanding and care – especially in low-income countries.

    Craig Beall currently receives funding from Diabetes UK, Breakthrough T1D, Steve Morgan Foundation Type 1 Diabetes Grand Challenge, Medical Research Council, NC3Rs, Society for Endocrinology and British Society for Neuroendocrinology.

    – ref. Type 5 diabetes is a newly recognised disease – here are all the types of diabetes you need to know about – https://theconversation.com/type-5-diabetes-is-a-newly-recognised-disease-here-are-all-the-types-of-diabetes-you-need-to-know-about-256262

    MIL OSI – Global Reports –

  • MIL-OSI USA: Dog Company strengthens regional ties, tests lethality at African Lion 2025

    Source: United States Army

    Senegalese Armed Forces soldiers line up on the firing line with M240B machine guns under the guidance of U.S. Army paratroopers assigned to Dog Company, 1st Battalion, 503rd Infantry Regiment, 173rd Airborne Brigade during range training at Centre d’Entraînement Tactique 2 (CET2) in Dodji, Senegal, May 8, 2025. The joint training enhanced weapons handling skills and strengthened interoperability between U.S. and Senegalese forces in preparation for African Lion 2025 (AL25). AL25, the largest annual military exercise in Africa, brings together over 50 nations, including seven NATO allies and 10,000 troops to conduct realistic, dynamic and collaborative training in an austere environment that intersects multiple geographic and functional combatant commands. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) on behalf of the U.S. Africa Command, AL25 takes place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight and win. (Photo Credit: U.S. Army photo by Sgt. C Jay Spence) VIEW ORIGINAL

    Back to

    U.S. Army Southern European Task Force, Africa (SETAF-AF)

    DODJI, Senegal — After nearly a month of dynamic multinational training, Soldiers assigned to Dog Company, 1st Battalion, 503rd Infantry Regiment, 173rd Airborne Brigade, concluded their participation in African Lion 2025 (AL25) — U.S. Africa Command’s premier annual combined joint exercise.

    Deployed to Centre d’Entraînement Tactique 2 (CET2), Dog Company executed a high-tempo training plan which tested its capabilities, reinforced foundational skills and deepened interoperability with partner forces from the Armed Forces of Senegal, the Mauritanian Armed Forces, the Armed Forces of Côte d’Ivoire and the Royal Netherlands Army.

    “It was fantastic to see our paratroopers adapt their small-unit tactics, techniques, and procedures to best achieve their mission given the harsh environment,” said U.S. Army Capt. Austen Deppe, Dog Company commander.

    A U.S. Army paratrooper assigned to Dog Company, 1st Battalion, 503rd Infantry Regiment, 173rd Airborne Brigade, instructs a member of the Senegalese Armed Forces on properly loading the M240B machine gun during range training at Centre d’Entraînement Tactique 2 (CET2) in Dodji, Senegal, May 8, 2025. The live-fire session supported interoperability and weapons proficiency ahead of combined operations during African Lion 2025 (AL25). AL25, the largest annual military exercise in Africa, brings together over 50 nations, including seven NATO allies and 10,000 troops to conduct realistic, dynamic and collaborative training in an austere environment that intersects multiple geographic and functional combatant commands. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) on behalf of the U.S. Africa Command, AL25 takes place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight and win. (Photo Credit: U.S. Army photo by Sgt. C Jay Spence) VIEW ORIGINAL

    Key events included a dismounted anti-tank live-fire exercise, multinational patrolling events culminating in a two-day combined field training exercise, integration of small, unmanned aircraft systems, and shared static live-fire ranges—all conducted in a resource-limited, austere desert environment.

    “I’m proud to have participated in this event with our partners and proud of the fundamental capabilities we built collectively throughout the training,” said Deppe.

    Dog Company Soldiers worked shoulder-to-shoulder with Senegalese and Dutch counterparts — not just in planning and execution, but in overcoming shared challenges. Whether firing anti-armor weapon systems, adjusting formations in unfamiliar terrain or refining communications procedures, soldiers built trust and enhanced interoperability.

    “Integration is key at every level in multinational operations, but seeing Soldiers build real cooperation at the small-unit level was the most rewarding,” said U.S. Army 1st Sgt. Maurice Novack, Dog Company first sergeant. “The Infantry is a mindset, and it was refreshing to see that, though small-unit tactics may vary across the greater force, we all share the critical mindset to close with and destroy the enemy — no matter the conditions.”

    A U.S. Army paratrooper assigned to Dog Company, 1st Battalion, 503rd Infantry Regiment, 173rd Airborne Brigade set his sights on a target while operating an M240B machine gun on the firing line at Centre d’Entraînement Tactique 2 (CET2) in Dodji, Senegal, May 8, 2025. Range operations during African Lion 2025 (AL25) reinforce weapons proficiency, target acquisition skills, and joint combat readiness. AL25, the largest annual military exercise in Africa, brings together over 50 nations, including seven NATO allies and 10,000 troops to conduct realistic, dynamic and collaborative training in an austere environment that intersects multiple geographic and functional combatant commands. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF) on behalf of the U.S. Africa Command, AL25 takes place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight and win. (Photo Credit: U.S. Army photo by Sgt. C Jay Spence) VIEW ORIGINAL

    Dog Company also mentored junior Senegalese leaders during situational training exercises and worked alongside the Dutch 42nd Brigade Reconnaissance Squadron to enhance cross-unit communication during complex range operations.

    “It wasn’t just us training them — we were learning, too,” said U.S. Army Sgt. Brian Garcia-Ono, a Dog Company squad leader. “Whether it was a different way to conduct a battle drill or TTPs [tactics, techniques and procedures] for operating in a desert environment, we left with new tools in the toolbox.”

    AL25 brought together more than 10,000 troops from over 50 nations across Ghana, Morocco, Senegal and Tunisia. For Dog Company, the experience underscored the role of U.S. forces not only as trainers, but as long-term partners invested in regional security and mutual growth.

    “This exercise was never meant to be easy,” Deppe said. “It was about building capability and confidence across logistics systems, tactical competence and organizational relationships on a personal level. That’s what defines African Lion to us, and that’s why we are proud to have participated.”

    Deppe’s first sergeant agreed.

    “Everyone’s going home better than they arrived,” Novack added. “We didn’t just build readiness. We built trust.”

    About 173rd Airborne Brigade

    The 173rd Airborne Brigade (Sky Soldiers) is the U.S. Army’s Contingency Response Force in Europe, providing rapid forces to the United States European, Africa and Central Commands areas of responsibility. Forward-based in Italy and Germany, the Brigade routinely trains alongside NATO allies and partners.

    About SETAF-AF

    SETAF-AF provides U.S. Africa Command and U.S. Army Europe and Africa a dedicated headquarters to synchronize Army activities in Africa and scalable crisis-response options in Africa and Europe.

    Follow SETAF-AF on: Facebook, Twitter, Instagram, YouTube, LinkedIn & DVIDS

    About African Lion

    African Lion 25 (AL25) is set to be the largest annual military exercise in Africa, bringing together over 50 nations, including seven NATO allies, and about 10,000 troops. Led by U.S. Army Southern European Task Force, Africa (SETAF-AF), on behalf of U.S. Africa Command (USAFRICOM), the exercise will take place from April 14 to May 23, 2025, across Ghana, Morocco, Senegal, and Tunisia. AL25 is designed to restore the warrior ethos, sharpen lethality, and strengthen military readiness alongside our African partners and allies This large-scale exercise will enhance our ability to work together in complex, multi-domain operations—preparing forces to deploy, fight, and win.

    MIL OSI USA News –

  • MIL-OSI USA: Neag School Honors Faculty and Staff With 2025 Annual Awards

    Source: US State of Connecticut

    The Neag School of Education honored several faculty and staff on May 2 with its annual awards recognizing research, teaching, and service. In March, the Neag School’s Dean’s Office solicited nominations from current students, faculty, and staff and presented the awards at the end-of-year School Meeting. The 2025 award recipients are:

    Dean Jason Irizarry presents the 2025 Zirkel Distinguished Teaching Award to Adam McCready during the May 2 Neag School meeting. (Shawn Kornegay/Neag School)

    Dr. Perry A. Zirkel Distinguished Teaching Award – Adam McCready

    The Zirkel Distinguished Teaching Award is awarded annually to a full-time faculty member in the Neag School. Alumnus Perry A. Zirkel ’68 MA, ’72 Ph.D., ’76 JD is a university professor emeritus of education and law at Lehigh University, where he formerly was dean of the College of Education and more recently held the Iacocca Chair in Education. The 2025 award recipient is Adam McCready, an assistant professor-in-residence in the Department of Educational Leadership since 2019.

    McCready is a faculty member for the Neag School’s Higher Education and Student Affairs (HESA) Master of Arts program. His research critically examines the college student experience to identify and challenge oppressive educational structures. He has studied students’ experiences in historically white college social fraternities; college men and masculinities; and the relationship between social media use and students’ attitudes, behaviors, and experiences. His research has been published in Psychology of Men & Masculinities, Research in Higher Education, Innovative Higher Education, Measurement and Evaluation in Counseling and Development, and the Journal of Student Affairs Research and Practice. McCready serves as the editor for the Journal of Sorority and Fraternity Life Research and Practice, and previously served as the vice chair for scholarship and research for the American College Personnel Association (ACPA) Coalition on Men and Masculinities.

    McCready exemplifies excellence in teaching through his unwavering commitment to diversity, equity, inclusion, and justice in the classroom. Since joining the HESA program, McCready has taught diverse core courses, skillfully blending rich scholarship with professional experience. A reflective educator, he thoughtfully incorporates material centering minoritized students and engages in critical conversations about race, gender, sexuality, and disability to better prepare future higher education leaders.

    In Spring 2022, McCready introduced an innovative “ungrading” philosophy, focusing on feedback and reflection rather than numerical scores. This humanizing approach has strengthened student learning while influencing fellow faculty members to rethink their evaluation methods. Known for his flexibility, McCready proactively seeks student feedback and adjusts his courses to meet learners’ evolving needs.

    His thoughtful course preparation, creativity, and deep investment in student success have earned him high student evaluation scores and recognition from UConn and the Neag School’s administration. Students and colleagues alike commend his relational, scholar-practitioner model of teaching.

    Sandra Chafouleas is the recipient of the 2025 Neag School Distinguished Researcher Award. (Neag School photo)

    Distinguished Researcher Award – Sandra Chafouleas

    This award is given to a full professor in the Neag School who, over at least the last 10-year period (at least five consecutive completed years at UConn), has made significant research contributions to their field of study. This year’s recipient is Sandra Chafouleas, a Board of Trustees Distinguished Professor in the Department of Educational Psychology.

    Chafouleas is also the Neag Endowed Professor and the founder and co-director of the UConn Collaboratory on School and Child Health (CSCH). Chafouleas focuses on supporting school system implementation of evidence-informed practices and is known for her expertise in areas of integrated health and learning (whole child), school mental health, and social, emotional, and behavioral assessment and intervention.

    As a principal investigator and co-principal investigator, Chafouleas has secured over $20 million to support research, service, and training activities through the Institute of Education Sciences (IES), the National Institutes of Health (NIH), the Centers for Disease Control and Prevention (CDC), and private foundations. Chafouleas has successfully built and led multidisciplinary and multisite teams in tackling issues in the social, emotional, and behavioral functioning of children across pre-K-12 settings. She currently serves as multiple principal investigator on an NIH-funded U24 Network to advance the science of emotional well-being, leading the measurement, training, and mentorship of emerging scholars. Many individuals, including junior faculty, postdoctoral scholars, and students, have benefited from her research team’s leadership as collaborators on research publications, presentations, and grants.

    Chafouleas is also the co-creator of the award-winning Feel Your Best Self program, a free and fun toolkit that teaches 12 simple coping strategies to promote emotion regulation. The program has won numerous awards, including one Gold and three Silver Telly awards. She has authored over 200 publications, which have been cited more than 11,000 times, and regularly serves as a national presenter and invited speaker.

    She is a fellow in the American Psychological Association and the Association for Psychological Science. She has received multiple recognitions, including a 2022 Presidential Citation from the American Psychological Association and selection as the 2023 Reed Fellow at UConn Waterbury. Chafouleas previously served as associate dean for The Graduate School (2012-2014) and the associate dean for research at the Neag School (2014-2016). Prior to becoming a university trainer, she worked as a school psychologist and school administrator in a variety of settings supporting the needs of children with behavior disorders.

    Dean Jason Irizarry presents the 2025 Neag School Early-Career Scholar Award to Zachary Collier during the May 2 Neag School meeting. (Shawn Kornegay/Neag School)

    Outstanding Early-Career Scholar Award – Zachary Collier

    This award is given to a pre-tenured faculty member in the Neag School who has completed at least two consecutive years at UConn. The 2025 recipient is Zachary Collier, an assistant professor in the Department of Educational Psychology.

    Collier is a leading scholar in educational statistics, causal data mining, and artificial intelligence applications in missing data analysis. His work addresses critical methodological challenges in education, public health, and special education, with research published in top-tier journals such as Structural Equation Modeling, Journal of Educational and Behavioral Statistics, and Journal of Research on Educational Effectiveness.

    Collier has received significant external funding from major agencies, including a $3.1 million NIH grant, a $2.9 million National Science Foundation (NSF) grant, and awards from the Spencer and James S. McDonnell foundations. In 2025, he was named an Emerging Scholar by Diverse Issues in Higher Education and was a featured mathematician by the Network for Minorities in Mathematical Sciences. That same year, he was appointed as grant reviewer for the IES.

    Beyond his research, Collier is a dedicated educator and mentor known for fostering inclusive, collaborative learning environments. He teaches foundational and advanced courses in statistics and data science and actively supports graduate student development through co-authored research. A staunch advocate for equity in quantitative research, he contributes to initiatives like the InclusiMetrics Conference and is recognized for advancing justice-oriented approaches through QuantCrit and data sensitivity methods.

    Valerie J. Pichette Outstanding Staff Award – Diane Herlihy and Christine North

    Dean Jason Irizarry presents Diane Herlihy with the 2025 Valerie J. Pichette Outstanding Staff Award.

    Named in honor of the late Valerie J. Pichette, this award recognizes an individual or individuals who have gone above and beyond in their work at the Neag School over the past academic year. Pichette had a 30-year history of service to the state of Connecticut, including having served as executive assistant to the Neag School dean for nearly two decades. This year’s recipients are Diane Herlihy and Christine North.

    Herlihy, who joined the Neag School in 2019, is the true definition of a team player. She collaborates with faculty, students, and staff to support others within the Neag School and always brings a positive attitude. As a volunteer and an active member of the Community Building Committee, she has been instrumental in the planning and execution of many events throughout the year, including Undergraduate Commencement.

    She has taken on the responsibilities of other positions multiple times to fill in for colleagues without hesitation and still ensured her work was not affected. Herlihy is always attentive to staff and student needs and is one of the first people willing to help; she seeks out answers to problems and does it all with a caring and determined attitude.

    Dean Jason Irizarry presents Christine North with the 2025 Valerie J. Pichette Outstanding Staff Award.

    North, the sole administrative staff person for the Department of Curriculum and Instruction, constantly juggles requests from faculty, students, staff, Neag School administrators, and external stakeholders who call with questions, seek advice, and need help solving problems. She is a stable and calming presence and an essential ingredient in how the department’s business and mission are met.

    Since joining the Neag School in 1996, North has been an important member of the School community, helping others solve problems and raising questions and alternative strategies when relevant. She exhibits institutional loyalty, impressive professionalism, initiative, integrity, a willingness to help with everything and anything, and deeply cares for the culture of the Neag School.

    MIL OSI USA News –

  • MIL-OSI USA: A Dose of History: Pioneers of UConn Pharmacy

    Source: US State of Connecticut

    Ann Petry: Making the Impossible Possible 

    Raised as a third-generation New Englander and Connecticut native, Ann Petry became the first Black woman to graduate from the Connecticut College of Pharmacy in 1931 (now, the UConn School of Pharmacy).  

    Anna Houston Lane, born in 1908, called Old Saybrook her home. In 1925, Ann graduated from high school as the only person of African American descent. Ann’s parents inspired her to push the limits of what was possible. Change-making didn’t scare the Lane family – Ann’s father, Pete, opened and operated two drugstores as a pharmacist. Her mother, Bertha James Lane, worked in a factory before becoming a shop owner, hairdresser, and chiropodist, and creating her own business, Beautiful Linens for Beautiful Homes. As the youngest of three daughters, Ann and her sisters were raised in “classic New England tradition” with strong familial role models who empowered her in light of systemic racial disadvantages. 

    “The Lanes were a close-knit, middle-class Black family, which provided the young Ann Lane with a strong sense of herself as well as with a level of confidence…”  – A Yęmisi Jimoh (UMass ScholarWorks)

    Ann, inspired by her aunt, Anna L. James, the first black woman pharmacist in Connecticut,  became determined to continue breaking barriers for Black women and to carry on her family legacy by enrolling in the Connecticut College of Pharmacy in New Haven, which has since been transformed into the School of Pharmacy in Storrs. After receiving her Graduate in Pharmacy degree (Ph.G.) from the School, Ann worked in the family business for several years in Old Saybrook and Old Lyme. While working as a pharmacist, Ann also explored her other interest in writing, crafting short stories in her free time.  

    Ann Petry (Wikimedia Commons)

    In 1938, Anne married George Petry, a Louisiana-born resident of Harlem. Soon after, Ann moved to New York City and set aside her pharmaceutical career to become a journalist and writer. She dove into the world of activism, inspired by the Harlem Renaissance, and wrote for The Harlem Amsterdam News and The People’s Voices while writing short stories and novels focused on the Black experience. While her husband was in service during WWII, Ann began work on her first novel The Street, which became the first novel by an African American woman to sell more than a million copies after its publication in 1946. Ann eventually moved back to Saybrook, where she continued her joy of writing, and passed away in 1997 with her loving husband and only daughter, Elizabeth Petry, by her side. Shortly before her death, she was inducted into the Women’s Hall of Fame in Connecticut where her legacy continues to live.  

    As the granddaughter of a slave who self-liberated and traveled to Connecticut through the Underground Railroad, Ann Petry had the forces of history against her. Yet, with the support of her loving family and friends, Ann wrote her own story – finding success in both pharmacy and writing.  

    Varro Tyler: From Pharmacognosist to Philatelist 

    A successful professor, pharmacognosist, and lifelong scholar, Varro Tyler graduated from UConn’s School of Pharmacy with his M.S. in 1951 and his Ph.D. in 1953, becoming the first individual to be awarded both degrees from the School. 

    Born in Nebraska in 1926, Varro was a Southern man at heart but moved to Connecticut for his academic pursuits in herbal medicine. Before attending UConn, he received his bachelor’s degree in pharmacy from the University of Nebraska and studied plant sciences at Yale on an Eli Lilly Research Fellowship for a year before attending UConn.  

    Varro Tyler (Wikimedia Commons)

    Having attained his pharmacy degrees from several colleges and universities, Varro couldn’t leave academics behind. His most notable roles include associate professor and chairman of the Department of Pharmacognosy at the University of Nebraska, a similar position at the University of Washington, and Dean of the School of Pharmacy and Pharmaceutical Sciences at Purdue University in 1966.   

    Along with his time in academia, Varro served as the first president of the American Society of Pharmacognosy and president of the American Association of Colleges of Pharmacy (AACP). As an active member of professional organizations and his community, Varro implemented his work in several settings – writing more than 270 publications and frequently appearing on TV and radio talk shows.

    As the dietary supplement industry boomed in the 1990s, Varro urged the FDA to take a more assertive role in regulating product quality and manufacturers’ claims while writing a monthly column on herbal remedies for Prevention magazine. Varro grounded his interests in scientific research, opposing para-herbalism (herbalism based on pseudoscience) throughout his academic career. 

    Varro’s research interests were wide-ranging, including herbal medicine, medicinal and toxic constituents of higher fungi, drug plant cultivation, and more. In addition to his literature on these pharmaceutical topics, Varro was an avid stamp collector later in life and specialized in the postage stamps of Japan. As a philatelist, Varro wrote substantial literature on stamp forgery and had a long association with the International Society for Japanese Philately.   

    “Varro had a profound impact on pharmacy education, natural product science, and the use of herbal medicine” and received many awards and accolades.” – James E. Robbers (The American Society of Pharmacognosy)

    After retiring in 1996, Varro continued to be passionate about his interests and passed away in 2001 with his loving wife, Virginia, by his side.  

    Mike Pikal: A Legacy That Lives On  

    With a UConn career spanning almost twenty-five years, Mike Pikal inspired thousands of students and faculty at the School and left an unmatched legacy.  

    Born in 1939 in Minnesota to parents Harold and Sophie, Mike was raised in the Midwest. He stayed close to home, earning his bachelor’s degree in Chemistry from St. John’s University in Minnesota. He later received a doctorate from Iowa State University in 1966.  

    Mike started his career as an assistant professor at the University of Tennessee before joining Eli Lilly Research Laboratories in the early 1970s. After years of dedicated research, Mike became a senior research scientist and won the 1996 President’s Award for his work at the company. Years later, in 1996, he joined UConn Nation as a professor of pharmaceutics.  

    During his time at UConn, Mike made the School proud, serving as the department head of Pharmaceutical Sciences and an Emeritus Professor while maintaining a fully active and highly productive research program. In 2005, he was named the first Pfizer Distinguished Endowed Chair in Pharmaceutical Technology.  

    Mike Pikal (UConn Archives)

    Mike’s research spanned freeze-drying, solid-state chemistry/materials science of pharmaceuticals and protein stability, which led to more than 170 publications. Particularly interested in freeze-drying, Mike was a leader in this field and its technology and was the main contributor to the School’s successful partnerships with groups like The Center for Pharmaceutical Processing (CPPR) and The National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL). He also directed a prominent and diverse research program in freeze-drying. Because of these efforts, as well as his membership in various pharmaceutical associations, Pikal won several awards, becoming one of fewer than twenty scientists to receive the AAPS Distinguished Pharmaceutical Scientist Award.  

    While all his accolades and research pursuits are outstanding, the School is especially grateful for the relationships Pikal formed with his Ph.D. students, postdoctoral fellows, and visiting scholars. Selflessly giving his time and advice to those starting in the pharmacy field, Pikal was truly an inspiration to those around him.

    Surrounded by his loving wife, Janice, five children, and many grandchildren, Pikal passed away in 2018, a year after retiring from UConn.  

    “Mike is just in a different league than most of the rest of us. One of the many things we love about him is that he never makes us feel that way.” — Steve Nail (Journal of Pharmaceutical Sciences)

      

    MIL OSI USA News –

  • MIL-OSI Security: Man sentenced to 19 years following rape in Clapham

    Source: United Kingdom London Metropolitan Police

    A 28-year-old man has been jailed for rape and sexual offences following a lengthy investigation by the Met Police.

    Gabriel Hay (02.01.1997) of Gauden Road, SW4 was sentenced to 19 years in prison on Tuesday, 13 May at Inner London Crown Court.

    Hay was found guilty of rape, attempted rape and two counts of sexual assault on Monday, 10 March at the same court. The charges relate to multiple incidents which took place between 2016 and 2023.

    In April 2023, Hay met a woman while working at a bar in Clapham. It was here that Hay recommended she and a friend go on drinking at another location – he would join them there. When Hay arrived at the end of his shift, he plied her with alcohol. As a result of this she became unsteady on her feet and he led her out of the bar to his address – a house he shared with his mother – where he raped her.

    It was this report of rape that enabled detectives to re-open previously reported incidents that did not initially hold sufficient evidence and bring charges against Hay.

    These incidents were a sexual assault in April 2014 in which Hay groped a woman in her 20s at a party in Clapham. He later attempted to rape her at his house in July 2016. Hay also touched another woman without consent in the back of a taxi in south London in 2018.

    Detective Sergeant Damian Jones, who let the Met’s investigation, said:

    “While nothing can remedy Hay’s horrific crimes, I hope this sentence brings closure to the three women – who have shown such resilience over the last few years – especially during the trial. It is because of them that we secured a conviction.

    “This investigation has taken a dangerous individual off our streets. Our officers will continue to tackle violence against women and girls and put victim-survivors at the centre of our work. If you would like to come forward and make a report relating to Hay, you can contact police via 101 quoting 2532/21APR23.”

    If you live in England or Wales and have been affected by this case and would like to seek independent support from specialist agencies, please contact the charity Rape Crisis via their 24/7 Rape and Sexual Abuse Support Line or call them on 0808 500 2222. Specially trained staff are there to listen, answer questions and offer support.

    MIL Security OSI –

  • MIL-OSI Security: Defense News: Tech, Tactics, and Trauma: Cutting-Edge Medicine on Display at CAPEX 2025

    Source: United States Navy

    FORT BRAGG, N.C. – Drones buzzed overhead, special operators stalked through the shoot houses, and medics monitored vital signs of patients in the field. This wasn’t some disconnected tech demo or surgical exercise; this was integrated, visceral, and real. At the U.S. Army Special Operations Command’s capabilities exercise (CAPEX 2025), March 31-April 6, 2025, the convergence of cutting-edge technology, tactics, and battlefield medicine took center stage, showcasing how the Army is redefining irregular warfare and how, strangely, Navy Medicine is a part of that plan.

    MIL Security OSI –

  • MIL-OSI Russia: Uzbekistan is preparing to cancel the double customs duty on a number of imported goods

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    Tashkent, May 13 /Xinhua/ — Uzbekistan is considering an initiative to abolish the double rate of customs duties on a number of imported goods, the UzDaily.uz news portal reported on Tuesday.

    As reported, the relevant bill, aimed at introducing amendments and additions to the Customs Code, was approved by deputies of the Legislative Chamber of the Oliy Majlis (lower house of parliament) in the second reading.

    It is indicated that the document proposes abandoning the practice of applying increased duties in cases of import of products from countries that do not have the most favoured nation treatment in trade and economic relations with Uzbekistan, as well as if the country of origin of the goods is not indicated.

    As the deputies noted, the draft law is aimed at eliminating existing gaps in legal regulation, creating a more favorable investment climate and actively attracting foreign investment. In addition, its adoption will bring national legislation closer to the standards of the World Trade Organization and will facilitate the expansion of the country’s foreign economic relations. –0–

    MIL OSI Russia News –

  • MIL-OSI: Wearable Devices Receives U.S. Patent Notice of Allowance for Hybrid Voice and Gesture Control Innovation

    Source: GlobeNewswire (MIL-OSI)

    Newly allowed patent extends Wearable Devices’ innovative gesture technology into the domain of voice control

    YOKNEAM ILLIT, ISRAEL, May 13, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced that the United States Patent and Trademark Office has allowed its patent titled “Gesture and Voice-Controlled Interface Device.”

    This patent represents a significant advancement in the Company’s strategic intellectual property (“IP”) portfolio, strengthening global protection for its core innovations in wearable bio-potential sensors. The Company’s IP strategy includes patent families designed to protect a wide spectrum of future applications, ensuring agility in response to emerging global market needs.

    The newly allowed patent enables the integration of gesture recognition with voice control interfaces, introducing personalization features, and combining both neural and voice-based user authentication. This creates a more seamless, secure, and intuitive human-machine interaction.

    The patented technology enables intuitive, hands-free interaction across a wide range of applications. For example, users wearing AI-powered or augmented reality (“AR”) glasses can navigate maps, control audio, and access virtual assistants using natural gestures and voice commands. In smart home applications, a user can use their voice to select a home appliance to control – such as the TV volume or air conditioning temperature – and then use subtle gestures to fine-tune the settings. In multi-user environments, such as smart homes or shared AR systems, the device intelligently recognizes individual users through unique gesture and voice signatures, delivering personalized experiences. In clinical or surgical settings, medical professionals can interact with digital interfaces – scrolling, zooming, or switching views – without compromising sterility, using only in-air gestures and voice cues.

    “Voice control is an essential interface for smart environments, but it often lacks the precision, personalization and the security users need,” said Guy Wagner, President and Chief Scientific Officer of Wearable Devices. “By integrating voice and gesture-based interaction along with neural and voice-based user authentication, we’re bridging that gap, enabling users not only initiate actions by voice but also to fine-tune and personalize device behavior through intuitive gestures. This combination introduces a new dimension of seamless, secure, and intelligent human-computer interaction.”

    About Wearable Devices Ltd.

    Wearable Devices Ltd. is a pioneering growth company revolutionizing human-computer interaction through its AI-powered neural input technology for both consumer and business markets. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s innovative products, including the Mudra Band for iOS and Mudra Link for Android, enable seamless, touch-free interaction by transforming subtle finger and wrist movements into intuitive controls. These groundbreaking solutions enhance gaming and the rapidly expanding AR/VR/XR landscapes. The Company offers a dual-channel business model: direct-to-consumer sales and enterprise licensing. Its flagship Mudra Band integrates functional and stylish design with cutting-edge AI to empower consumers, while its enterprise solutions provide businesses with the tools to deliver immersive and interactive experiences. By setting the input standard for the XR market, Wearable Devices is redefining user experiences and driving innovation in one of the fastest-growing tech sectors. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq under the symbols “WLDS” and “WLDSW,” respectively.

    Forward-Looking Statements Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss our IP strategy and the benefits and advantages of it, emerging global market needs and the benefits and advantages of newly patented technology. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations Contact
    Michal Efraty
    IR@wearabledevices.co.il

    The MIL Network –

  • MIL-OSI Economics: Insurers must resolve long-term problems to successfully sell to younger generations, says GlobalData

    Source: GlobalData

    Insurers must resolve long-term problems to successfully sell to younger generations, says GlobalData

    Posted in Insurance

    Insurers targeting younger generations face longstanding industry issues of a lack of understanding and a lack of consumer trust. While quicker fixes such as social media strategies and more flexible products may help somewhat, they would only appeal to a small proportion, so the more long-term issues need to be addressed to reach these generations, according to GlobalData, a leading data and analytics company.

    A GlobalData poll* conducted in Q1 2025 (with 174 respondents) found that over 50% of respondents believed either a lack of understanding of insurance or a lack of trust in insurance providers were the key challenges in selling insurance to Gen Z and millennials. While these consumer segments are typically digitally savvy, addressing their concerns will require more than upgrading digital platforms and social media strategies.

    Ben Carey-Evans, Senior Insurance Analyst at GlobalData, comments: “A lack of consumer trust is a recurring issue for the industry. Rising premiums across some personal lines are not helping the situation; increasing the value and engagement insurers offer will be essential in turning this around.

    “Communicating the value of policies will also be a challenge—especially as many young people are introduced to insurance through the ‘grudge purchase’ of mandatory car insurance. However, the modern features of some insurance products can provide added value and engage customers. Features such as nutrition and fitness plans and smartwatch discounts within health insurance, or smart home devices helping make homes safer, are ways that can increase interaction and value between insurers and customers.”

    A lack of consumer understanding may be easier to fix, and limited understanding of the value of insurance and complexity of product structures are both seen as challenges. Insurers are often known for having long and complicated terms and conditions. Yet some providers—most notably US startup Lemonade—have prioritized simplicity of language and making policy terms as easy to understand as possible.

    Carey-Evans concludes: “The poll findings should be concerning to insurers, suggesting that improving younger generations’ perception of the insurance industry must be a key priority going forward. Longer-term issues such as consumer understanding and trust cannot be fixed simply by improving PR and social media strategies. Instead, providers must aim to increase engagement with customers, make policies easier to understand, and add value and incentives where profit margins allow.”

    *The poll was conducted across Verdict Media sites throughout Q1 2025 and had over 100 respondents

    MIL OSI Economics –

  • MIL-OSI Economics: Starlink’s partnership strategy will benefit both telco expansion and underserved customers in India and Africa, observes GlobalData

    Source: GlobalData

    Starlink’s partnership strategy will benefit both telco expansion and underserved customers in India and Africa, observes GlobalData

    Posted in Technology

    Airtel Africa is the latest in the line of telecoms operators partnering with LEO (low-earth orbit) operator Starlink to expand its reach and services. The deal was facilitated by parent company Bharti Airtel, which struck its own agreement with Starlink in India in March. The tie-up between Airtel and Starlink will benefit both companies as well as enterprise customers and businesses, pending regulatory approval in India and five African markets within Airtel Africa’s footprint markets where Starlink is not yet currently licensed, according to GlobalData, a leading data and analytics company.

    Ismail Patel, Senior Analyst, Enterprise Technology and Services at GlobalData, comments: “For Starlink, partnering with telcos will give it access to points of sale on the ground as it competes with other LEO satellite systems that are vying for position globally. For telcos like Airtel, Starlink can help expand its reach to business customers with rural presence, educational institutions, health centers, logistical firms, agricultural and mining workers, remote tourist hotspots, and others generally requiring a more robust quality of service. There is also an opportunity for the Airtels of both India and Africa to improve their cellular backhaul through Starlink.”

    GlobalData analysis revealed the massive micro, small, and medium business opportunity in India, with roughly similar metrics for the African markets where Airtel operates. Airtel Africa and Starlink partnership has the potential to increase digitalization in rural and semi-rural regions in the 14 countries where Airtel Africa operates, especially for micro, small, and medium businesses.

    In India, the Confederation of Indian Industry states that of 63 million MSMEs in the country, over 51% are based in rural areas. Fixed broadband penetration of household units in India stood at just 9% as of end-2024, according to GlobalData.

    Patel concludes: “Starlink is trying to get a foothold in the global market with a clever combination of D2C and B2B strategies. It already has struck several partnerships with operators in the US, Canada, Japan, Australia, and Ukraine. It wants to maximize the head start it has on its rivals – like Amazon Kuiper, AST SpaceMobile, Telesat Lightspeed, and Eutelsat OneWeb (which itself is partly owned by Bharti Airtel) – that are at various stages of deployment and geographical breadth.

    “Competition is expected to heat up rapidly as telcos and satellite vendors will be striking a myriad of partnerships with one another to boost connectivity, which will only serve to benefit business and enterprise customers more. With this backdrop, those telcos and LEOs who stand to gain the most are those who get their foot in the door before others and leverage their first-mover advantage.”

    MIL OSI Economics –

  • MIL-OSI United Kingdom: UK convenes European partners in London to continue collective action against “once-in-a-generation” security threat 

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK convenes European partners in London to continue collective action against “once-in-a-generation” security threat 

    The Foreign Secretary will host Foreign Ministers of the Weimar+ group for critical talks on repelling Russian aggression and bolstering European security.  

    • Work continues at pace with the ‘Weimar+ group in London to ensure Europe is together responding to security challenges to protect our citizens  
    • Looking ahead to the UK-EU summit on 19 May, Foreign Secretary brings together European partners in pursuit of a just and lasting peace for Ukraine   
    • The meeting builds on wider UK-European collaboration, following European leaders including the Prime Minister meeting President Zelenskyy in Kyiv over the weekend

    The Foreign Secretary will host Foreign Ministers of the Weimar+ group today (12 May 2025) at Lancaster House for critical talks on repelling Russian aggression and bolstering European security.   

    Representatives from France, Italy, Germany, Spain, Poland and the EU will join Foreign Secretary David Lammy in London.  It follows a historic visit on Saturday by the leaders of the UK, France, Germany and Poland to Kyiv during which, alongside the US, they called for Russia to agree to a 30-day ceasefire to allow for unfettered peace talks. 

    Hosted in the UK for the first time, today’s Weimar+ meeting is the sixth time these major European powers have come together in this format. 

    Ukraine’s rightful future is a just and lasting peace. Putin’s refusal to engage seriously in peace talks is forcing that future into improbability. This is a critical moment to secure the future of Ukraine. The Foreign Secretary will make clear at Weimar+ that Europe’s leaders must stand strong in our unwavering support for Ukraine’s right to peace and freedom.   

    Foreign Secretary, David Lammy, said: 

    We are facing a once-in-a-generation moment for the collective security of our continent. The challenge we face today is not only about the future of Ukraine – it is existential for Europe as a whole.    

    I have brought our friends and partners to London to make clear that we must stand together, allied in our protection of sovereignty, of peace and of Ukraine.    

    A strong and secure Britain is a foundation of our Plan for Change. This cannot be achieved without standing up to Putin and strengthening our shared European security.

    To further resist Putin’s attacks on Ukraine, the international order and peace, the Foreign Secretary is gathering Allies for discussions on both our joint efforts to strengthen European security and secure a just and lasting peace for Ukraine.    

    This builds on a drumbeat of collaboration between the UK and the EU on defence and security. On top of Saturday’s meeting attended by the Prime Minister, the Foreign Secretary on Friday joined European ministers in Lviv to announce the UK’s support for the establishment of a Special Tribunal, to hold those responsible for the crime of aggression against Ukraine to account. This followed the Foreign Secretary visiting Poland to join the Gymnich meeting, where he highlighted the need for a new, ambitious security relationship between the UK and Europe that will support economic growth, protect citizens, and support European collective security and defence. The Weimar+ is an important opportunity to continue driving forward these talks with EU member states.  

    The Weimar+ meeting comes days ahead of the UK-EU Summit (19 May), which will cover a range of UK-EU issues and look to foster a stable, positive and forward-looking relationship.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 13 May 2025

    Invasion of Ukraine

    MIL OSI United Kingdom –

  • MIL-OSI Global: How Asian American became a racial grouping – and why many with Asian roots don’t identify with the term these days

    Source: The Conversation – USA – By Jennifer Ho, Professor of Asian American Studies, University of Colorado Boulder

    People gather for a rally in New York on March 16, 2023, to protest racism against Asian Americans. Fatih Aktas/Anadolu Agency via Getty Images

    For the first time, in 1990, May was officially designated as a month honoring Asian American and Pacific Islander heritage. Though the current U.S. administration recently withdrew federal recognition, the month continues to be celebrated by a wide array of people from diverse cultural backgrounds.

    People from the Pacific Islands have their own distinct histories and issues, delineated in part by a specific geography. Yet when we refer to the even broader category of Asian Americans, a concept with a deep yet often unknown history, who exactly are we referring to?

    There are nearly 25 million people of Asian descent who live in the United States, but the term Asian American remains shrouded by cultural misunderstanding and contested as a term among Asians themselves.

    As a professor of Asian American studies, I believe it is important to understand how the label came into being.

    A long history of Asian people in America

    The arrival of people from Asia to the U.S. long predates the country’s founding in 1776.

    After visits to modern-day America that began in the late 16th century, Filipino sailors formed – as early as 1763 – what is believed to be the first Asian settlement in St. Malo, Louisiana.

    But it wasn’t until the 1849 California Gold Rush that Asian immigration to the U.S. – from China – began on a mass scale. That was bolstered in the 1860s by Chinese laborers recruited to build the western portion of the Transcontinental Railroad.

    Starting toward the end of the 19th century, Japanese immigration steadily picked up, so that by 1910 the U.S. Census records a similar number for both communities – just over 70,000. Likewise, a small number of South Asian immigrants began arriving in the early 1900s.

    An exclusionary backlash

    Yet after coming to the U.S. in search of economic and political opportunities, Asian laborers in America were met by a surge of white nativist hostility and violence. That reaction was codified in civil society groups and government laws, such as the Chinese Exclusion Act in 1882.

    By 1924, federal law had expanded into a virtual ban on all Asian immigration, and through the first half of the 20th century, a multitude of anti-Asian laws targeted areas including naturalization, marriage and housing, among others.

    In 1933, Chinese Americans in Sacramento, Calif., protested against deportations of Asian people and for higher unemployment insurance benefits.
    Bettmann/Contributor via Getty Images

    From the start, people from Asian countries in the U.S. were generally identified broadly with identifiers such as “Oriental,” a common term at the time mostly for those from China, Japan and Korea.

    As more Asians came to the U.S, other terms were used to denigrate and demean these new immigrants, whose physical appearance, language and cultural norms were distinctly different from their Euro-American neighbors.

    ‘Asian American’ and the birth of a movement

    The desire to claim America was one of the drivers for activists in the 1960s to create the concept of Asian American that we know today.

    The movement began in the charged political context of anti-Vietnam War protests and the Civil Rights Movement for Black equality. Students of Asian heritage at San Francisco State University and the University of California, Berkeley were organizing for the establishment of ethnic studies classes, specifically those that centered on the histories of Asians in the U.S.

    Rejecting the term “oriental” as too limiting and exotic, since oriental literally means “from the East,” the student activists wanted a term of empowerment that would include the Filipino, Chinese, Korean and Japanese students at the heart of this organizing. Graduate students Emma Gee and Yuji Ichioka came up with “Asian American” as a way to bring activists under one radical organizing umbrella, forming the Asian American Political Alliance in 1968.

    A contested term

    Today, the Asian American label has moved beyond its activist roots. The term might literally refer to anyone who traces their lineage from the whole of the Asian continent. This could include people from South Asian countries such as India, Pakistan or Sri Lanka to parts of West Asia like Syria, Lebanon or Iran.

    Yet not all people who identify as Asian actually use the words Asian American, since it is a term that flattens ethnic specificity and lumps together people with as disparate of backgrounds as Hmong or Bangladeshi, for example.

    A 2023 Pew Research Center survey of self-identified Asian adults living in the U.S. revealed that only 16% of people polled said they identified as “Asian American,” with a majority – 52% – preferring ethnic Asian labels, either alone or in tandem with “American.”

    Chinese immigrants play cards while waiting to be called in the immigration offices in New York in the 1940s.
    Keystone-France/Gamma-Keystone via Getty Images

    Moreover, unlike the student activists who worked together through their shared Asian American identity, the majority of people of Asian descent living in the U.S. came after the 1965 Immigration Act was passed, which ended all prior anti-Asian immigration laws. This, combined with a subsequent wave of Asian immigration from parts of Asia not represented in the past – including Vietnam, Taiwan and Pakistan – means that most Asian Americans alive today are either immigrants or one generation removed from immigrants.

    As a largely immigrant and recently Americanized group, many Asians therefore may not relate to the struggles of an earlier history of Asians in the U.S. That may contribute to why many don’t connect with the term “Asian American.” Korean immigrants, for instance, may not see their history connected with third-generation Japanese Americans, particularly when considering their homelands have been in conflict for decades.

    For some, Asian American is too broad a term to capture the complexity of Asian-heritage Americans.

    Indeed, Asian Americans come from over 30 countries with different languages, diverse cultures, and histories that have often been in conflict with other Asian nations. Within such a broad grouping as “Asian American,” a wide range of political, socioeconomic, religious and other differences emerge that greatly complicate this racial label.

    Even though the term remains contested, many Asians still see value in the concept. Much like the activists who first created the label in the 1960s, many believe it signifies a sense of solidarity and community among people who – despite their many differences – have been treated like outsiders to the American experience, regardless of how American their roots are.

    Jennifer Ho does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. How Asian American became a racial grouping – and why many with Asian roots don’t identify with the term these days – https://theconversation.com/how-asian-american-became-a-racial-grouping-and-why-many-with-asian-roots-dont-identify-with-the-term-these-days-255578

    MIL OSI – Global Reports –

  • MIL-OSI Global: Why collect asteroid samples? 4 essential reads on what these tiny bits of space rock can tell scientists

    Source: The Conversation – USA – By Mary Magnuson, Associate Science Editor

    The OSIRIS-REx sample return capsule contained rock from the asteroid Bennu. NASA/Keegan Barber

    China’s Tianwen-2 asteroid sample return mission is set to launch this month, May 2025, en route to the asteroid Kamoʻoalewa (2016 HO3). The country could join the United States and Japan, whose space agencies have both successfully retrieved a sample from an asteroid to study back on Earth.

    Several space missions have flown by asteroids before and gotten a peek at their compositions, but bringing a sample back to Earth is even more helpful for scientists. The most informative analyses require having physical samples to poke and prod, shine light at, run through CT scanners and examine under electron microscopes.

    These missions require detailed planning and specialized spacecraft, so to shed light on why agencies go through the trouble, we compiled four stories from The Conversation U.S.’s archive. These articles describe the ways asteroid sample return missions generate new scientific insights at every stage – from the collection process, to the container’s return to Earth, to laboratory analyses.

    1. Ryugu’s colorful history

    The asteroid Ryugu is made of carbon-rich rock. Japan targeted Ryugu for its sample return mission Hayabusa2 in 2020.

    A sealed container that holds a piece of the Ryugu sample from Japan’s Hayabusa2 mission.
    NASA/Robert Markowitz

    As planetary scientist Paul K. Byrne from Washington University in St. Louis described in his article, the Hayabusa2 team shot the asteroid with a metal projectile and collected the dusty debris that floated into space. This process allowed the Hayabusa2 craft to gather a sample to bring home and also get a close-up look at the asteroid’s surface.

    One thing the collection team noticed: The material that flew off the asteroid was redder than the surface they shot at, which had a bluer tinge.

    Some parts of Ryugu appear almost striped – the middle latitudes are redder, while the poles look more blue. The sample collection process gave researchers some hints about why that is.

    “At some point the asteroid must have been closer to the Sun that it is now,” Byrne wrote. “That would explain the amount of reddening of the surface.”



    Read more:
    Touching the asteroid Ryugu revealed secrets of its surface and changing orbit

    2. Return capsules make shock waves

    Similar to how researchers gained valuable data just from the Hayabusa2 collection process, atmospheric scientists didn’t even need to open the OSIRIS-REx sample return capsule to learn something new.

    NASA’s OSIRIS-REx mission traveled to the carbon-rich asteroid Bennu and sent home a small capsule containing a sample in September 2023.

    Released from the OSIRIS-REx craft, the sample return capsule hurtled down to Earth in a heavy box about the size of a microwave. Aside from the fact that it had been released from a spacecraft about 63,000 miles (102,000 kilometers) away, the return looked strikingly similar to that of a meteorite hitting Earth.

    Scientists don’t often have the advance notice needed to study how real meteoroids – the term given to meteorites before they hit the ground – behave when they enter the atmosphere, so they jumped on the opportunity to study the capsule as it returned to Earth.

    As physicists Brian Elbing from Oklahoma State University and Elizabeth A. Silber from Sandia National Laboratories discussed in their article, OSIRIS-REx’s reentry was the perfect opportunity to study what happens in the atmosphere when meteoroid-size objects fly through.

    The teams set up networks of sensitive microphones and other instruments – both on the ground and attached to balloons – to log the sound wave frequencies that the capsule generated in the atmosphere. Understanding how waves travel through the atmosphere can help scientists figure out how to detect hazards such as natural disasters.



    Read more:
    NASA’s asteroid sample mission gave scientists around the world the rare opportunity to study an artificial meteor

    3. Building blocks of life on Bennu

    Once the OSIRIS-REx return capsule was safely back on Earth, researchers across the world – including geologist Timothy J. McCoy from the Smithsonian Institution and planetary scientist Sara Russell from the Natural History Museum in the U.K. – got to work running tests on its contents, while handling the sample carefully to avoid contaminating it.

    As they described in their article, McCoy and Russell found the sample was mostly water-rich clay, which they expected from a carbon-rich asteroid. But they also found a surprising amount of salty and brine-related minerals. These minerals form when water evaporates off a rock’s surface.

    Because these minerals – aptly called evaporites – dissolve when they come into contact with moisture, scientists had never seen them in the meteorites that fly through Earth’s atmosphere, even ones with similar compositions to Bennu. The spacecraft’s sample container kept the Bennu sample airtight, so these evaporites stayed intact.

    These results suggest that the asteroid used to be wet and muddy. And a salty, water-rich environment like Bennu may have once been a great place for organic molecules to form. Some scientists predict that Earth got its ingredients for life from a collision with an asteroid like Bennu.



    Read more:
    Bennu asteroid reveals its contents to scientists − and clues to how the building blocks of life on Earth may have been seeded

    4. Looking ahead: Asteroid mining

    Asteroid sample return missions generate lots of scientific insights. They can also help space agencies and companies understand what exactly is out there, available to bring home from asteroids. While carbon-rich asteroids like Bennu and Ryugu aren’t flush with precious metals, other asteroids have more valuable contents.

    Launched in 2023 and currently traveling through space, NASA’s Psyche mission will explore a metallic asteroid. The Psyche asteroid likely contains platinum, nickel, iron and possibly gold – all materials of commercial interest.

    Scientists can learn about the formation and composition of Earth’s core from metallic asteroids like Psyche, which is the mission’s main goal. But as planetary scientist Valerie Payré from the University of Iowa wrote in her article, “The Psyche mission is a huge step in figuring out what sort of metals are out there.”

    For now, commercial asteroid mining operations are science fiction – not to mention legally fraught. But some companies have started considering early-stage plans for how they one day might do it. Asteroid sample missions can lay some early groundwork.



    Read more:
    NASA’s robotic prospectors are helping scientists understand what asteroids are made of – setting the stage for miners to follow someday

    This story is a roundup of articles from The Conversation’s archives.

    – ref. Why collect asteroid samples? 4 essential reads on what these tiny bits of space rock can tell scientists – https://theconversation.com/why-collect-asteroid-samples-4-essential-reads-on-what-these-tiny-bits-of-space-rock-can-tell-scientists-255705

    MIL OSI – Global Reports –

  • MIL-OSI Video: Department of State Press Briefing – May 13, 2025 – 2:00 PM

    Source: United States of America – Department of State (video statements)

    Department Press Briefing with Principal Deputy Spokesperson Tommy Pigott at the Department of State, on May 13, 2025.

    ———–
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
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    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: https://public.govdelivery.com/accounts/USSTATEBPA/signup/32562

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    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=wl8AxK3vBeI

    MIL OSI Video –

  • MIL-OSI USA: Using TheirStory to Help Tell Our Stories

    Source: US State of Connecticut

    UConn professor and Associate Director of Africana Studies, Fiona Vernal, is making strides to preserve oral histories from Connecticut communities using a platform called TheirStory.

    TheirStory is an oral history platform and was created during the pandemic. CEO Zack Ellis founded the company as a way to preserve his own family histories.

    The platform has grown since its inception and is supported by a nationwide network of universities and historical organizations from UConn to UCLA. It has features to take people through every step of the process of oral history preservation. Users can record, transcribe, index, organize and more to tailor and share their oral histories.

    “There are many, many ways that you can record. Recording has never been the problem when it comes to collecting stories. It’s always what happens after you record,” says Vernal.  “How do you transcribe it? How do you share it? How do you produce it? How do you package it for preservation? TheirStory fits into that ecosystem by providing the last 50% of the miles that you need for processing.”

    Vernal began working with Ellis and TheirStory in 2022. She was working on a project in Hartford on West Indian, African American, and Puerto Rican migrations to the city and received a call from Ellis. “I had been doing oral histories, but experiencing the same bottlenecks as everyone does,” says Vernal. “I ran my oral histories through TheirStory, and I was a convert immediately.”

    “I had a vision for how to share this resource with other folks who were doing the same kind of work,” Vernal says. “If you don’t have a good way to process and generate a transcript, an index and a summary, it’s very difficult to do anything. And it was my mission to try and change that landscape.”

    A State with Many Stories to Tell 

    Vernal and UConn began a partnership with Connecticut Humanities a year later. Vernal scaled her use of the platform from a personal level to a statewide collaboration between UConn, Connecticut Humanities, and the Connecticut Museum of Culture and History.

    “One of the things that the UConn strategic plan does is that it forces us, as faculty, to figure out what statewide service we can provide to citizens,” Vernal says. “As a state entity, we owe it to the citizens, right? I take it as a serious charge and responsibility that UConn should be benefiting the state.”

    Vernal credits Connecticut Humanities for helping expand her individual license as a researcher into a state license for anyone in Connecticut. The Connecticut Museum of Culture and History also helped expand this program into a statewide initiative, “Not just in terms of visibility, but also in terms of service,” says Vernal.

    The Connecticut Museum of Culture and History had a COVID-era oral history project about the impact of the pandemic on the state. “They were at the beginning of a new oral history project that was more expansive, and not just focused on COVID, so it made sense for them to be our partners as well,” Vernal says.

    The state license for oral history gives everyone in the state free access to the platform. It gives museums, libraries, students, community organizations and more the ability to learn more and utilize information on oral histories around the state.

    One of the pilot projects UConn and Vernal worked on included an oral history project for the Connecticut River Museum’s 50th anniversary. Another was for the Mather Homestead in Darien, “Which involves a house museum connected to the Mather lineage of Increase and Cotton Mather in the 1600s,” says Vernal. The Mather family donated their home to become a museum, and they wanted to gather oral histories of the family for the archives.

    Vernal also worked with the Windsor Historical Society, “which was looking at African American civic engagement in the town of Windsor, and also celebrating its own hundredth anniversary,” Vernal says.

    Connecticut is rich in both history and communities with rich traditions, as the projects Vernal has been involved with demonstrate. At the Enfield Historical Society, there is an exhibition about African American Heritage. In Bloomfield, an exhibit on the town’s African American, Jewish and West Indian heritage will premiere in September 2025. The Caribbean Heritage Museum will open in October to overlap with Founders Day at the West Indian Social Club of Hartford.

    “They are my longest-running collaborators,” says Vernal. “I’ve been collaborating with them since I was in graduate school, and they’re going to lend me a segment of the club to transform it into a permanent gallery for a Caribbean Heritage Museum. Folks can come and have that experience and figure out why Connecticut has West Indians as the largest foreign-born population.”  It will be the first Caribbean Heritage Museum in the Northeast.

    ‘History is Unfolding Now’

    Since activating the state license for the platform, Vernal and UConn have reported 107 projects signed up on TheirStory. Of those, about 50% are active, which means that people working on those stories are actively doing interviews and processing oral histories. “We thought we would get 50, and we’ve more than doubled that,” says Vernal. “For me, that’s been a resounding success.”

    For people who want to share their own stories, Vernal describes the process as “frictionless.” “If you know how to use Zoom, then the barriers to entry are very low,” she says. “You get a link, curate your background for lighting and make sure you look the way you want to look, and then you can focus on being the center of attention for the moment without having to worry about controls.” The people at TheirStory and UConn take care of all the logistical matters, while participating individuals are only responsible for sharing their history.

    Vernal is not worried about people fabricating their stories on the platform. “My mantra is that everyone is an expert in their own life story,” she says. “They might not be an expert into the statistical significance of their experiences, but they’re certainly an expert in their own life experiences and their own emotions.”

    The access to these stories is something Vernal is excited about. “We have the State Historical Society, which is well-staffed, and then we have something like the Wintonbury Historical Society, which is all volunteer. So organizations that are poorly staffed or well-endowed can all use this platform and move forward with building up their collection,” says Vernal. “I like that leveling effect, because that’s what investment in infrastructure should do. It should make it possible that no matter what your entry point is, no matter what your size is, you’re getting the skills, training and software that you need to be successful in your specific mission. Whether you’re the kid who wants to interview your parent or you are the organization that wants to do 500 oral histories, you both get exactly what you need to be successful.

    “I want to make the official case for oral histories as a way to build inclusive collections that help you document the ‘now.’ UConn has a tradition of robust support for oral history; this is part of our roots and our heritage,” says Vernal. “Organizations are obsessed with documents from the 1600s, 1700s, 1800s and the 1900s. History is unfolding now, we’re living through historic times now. We need to document these stories in real time, and oral histories can do that.”

    MIL OSI USA News –

  • MIL-OSI Australia: Free energy saving advice for renters

    Source: Northern Territory Police and Fire Services

    Free home energy visits provide advice to renters on how they can save money on their energy bills.

    With winter approaching, it’s the perfect time to make your home more comfortable without increasing your energy bills.

    Canberra renters can book a free in-home energy visit through the ACT Government’s Renters’ Home Energy Program. For a limited time, these visits also include free energy-saving materials, such as a heated throw rug, to enhance your home’s energy efficiency and comfort.

    During these visits, a home energy expert identifies where energy is being used and provides simple solutions to help renters save on their bills.

    The program is a free and easy way to:

    • save on energy bills
    • get tips on the quickest, cheapest and best ways to reduce energy use
    • make rental homes more comfortable without using more gas or electricity
    • find out ways to reduce your impact on the environment.

    Home energy experts, like Jeff Knowles, have extensive experience conducting home energy visits in the ACT for renters. They offer valuable advice on energy use and simple steps to save money.

    “Canberra is different from Sydney, Brisbane and Melbourne as our summers are quite hot, our autumns and springs are lovely, then we have intense cold throughout the winter,” Jeff said.

    “With such a range of temperatures, it’s tough to build a building in Canberra that works well all year round.

    “The rising cost of living pressures are pushing people into greater and greater energy efficiency,” said Jeff.

    “The Renters’ Home Energy Program aims to assist people by educating them about the properties they live in and the energy they use. Following some simple steps, renters could save around $200 each quarter off their gas and electricity bills.”

    Energy saving tips:

    • Understand what your home is made from, which direction it faces, and identify where heat or cool air can escape. A free home energy visit or the home energy web tool can help you identify these problems and their solutions.
    • Check your insulation. All residential rental properties in the ACT must meet a minimum energy efficiency standard for ceiling insulation. Find out more about your rights as a renter.
    • Prevent draughts by sealing doors and windows. Door draught stoppers and seal strips are good options.
    • Use a plug-in power meter to monitor how much electricity your home appliances are using. Meters can point out inefficient appliances in your home such as electric element heaters.
    • When operating your washing machine, use cold wash cycles so that you’re not using gas or electricity to heat water.
    • Use a thermometer to monitor your fridge temperature. Most rental properties have their fridges running much colder than they need to be, which uses more electricity.

    Find out more about the Renters’ Home Energy Program.

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

  • MIL-OSI USA: After more than a decade of little change, U.S. electricity consumption is rising again

    Source: US Energy Information Administration

    In-brief analysis

    May 13, 2025

    In our latest Short-Term Energy Outlook, we forecast U.S. annual electricity consumption will increase in 2025 and 2026, surpassing the all-time high reached in 2024. This growth contrasts with the trend of relatively flat electricity demand between the mid-2000s and early 2020s. Much of the recent and forecasted growth in electricity consumption is coming from the commercial sector, which includes data centers, and the industrial sector, which includes manufacturing establishments.

    U.S. electricity consumption was essentially flat for nearly two decades. Electricity demand increases generally associated with population growth and economic growth were offset by efficiency improvements and other structural changes in the economy, such as the transition from manufacturing to service sectors that tend to consume less energy. Total electricity consumption includes sales to ultimate customers in the residential, commercial, and industrial sectors, and—to a lesser extent—sales to public transportation customers and the direct use of electricity at industrial facilities that produce power.

    More recently, U.S. electricity consumption has increased since a relative low point in 2020. From 2020 through the end of our short-term forecast in 2026, we expect electricity consumption to grow at an average rate of 1.7% per year. The commercial and industrial sectors grow faster in the forecast, at an average of 2.6% and 2.1% per year, respectively. Forecast electricity sales to the residential sector, which largely depend on year-to-year temperature fluctuations, grow on average 0.7% between 2020 and 2026.

    Expected electricity demand growth is spurring expansion in generating capacity and electricity storage. Much of this additional capacity is from solar and battery storage facilities. The new generating capacity is concentrated in Texas, California, the upper Midwest, and the Northeast.

    Electric utilities, grid operators, regulators, and other stakeholders are also committing to energy efficiency and demand response programs, according to analysis conducted by the Federal Energy Regulatory Commission and based on our utility spending data. In addition, utilities are expanding networks of high-voltage transmission lines to maintain system balancing and to ensure reliable electric service.

    Principal contributors: Mark Schipper, Tyler Hodge

    MIL OSI USA News –

  • MIL-OSI Global: Why protecting wildland is crucial to American freedom and identity

    Source: The Conversation – USA – By Leisl Carr Childers, Associate Professor of History, Colorado State University

    The Wet Beaver Wilderness in Coconino National Forest in Arizona is one of many designated wilderness areas in the U.S. Deborah Lee Soltesz

    As summer approaches, millions of Americans begin planning or taking trips to state and national parks, seeking to explore the wide range of outdoor recreational opportunities across the nation. A lot of them will head toward the nation’s wilderness areas – 110 million acres, mostly in the West, that are protected by the strictest federal conservation rules.

    When Congress passed the Wilderness Act in 1964, it described wilderness areas as places that evoked mystery and wonder, “where the earth and its community of life are untrammeled by man, where man himself is a visitor who does not remain.” These are wild landscapes that present nature in its rawest form.

    The law requires the federal government to protect these areas “for the permanent good of the whole people.” Wilderness areas are found in national parks, conservation land overseen by the U.S. Bureau of Land Management, national forests and U.S. Fish and Wildlife refuges.

    In early May 2025, the U.S. House of Representatives began to consider allowing the sale of federal lands in six counties in Nevada and Utah, five of which contain wilderness areas. Ostensibly, these sales are to promote affordable housing, but the reality is that the proposal, introduced by U.S. Rep. Mark Amodei, a Nevada Republican, is a departure from the standard process of federal land exchanges that accommodate development in some places but protect wilderness in others.

    Regardless of whether Americans visit their public lands or know when they have crossed a wilderness boundary, as environmental historians we believe that everyone still benefits from the existence and protection of these precious places.

    This belief is an idea eloquently articulated and popularized 65 years ago by the noted Western writer Wallace Stegner. His eloquence helped launch the modern environmental movement and gave power to the idea that the nation’s public lands are a fundamental part of the United States’ national identity and a cornerstone of American freedom.

    Humble origins

    In 1958, Congress established the Outdoor Recreation Resources Review Commission to examine outdoor recreation in the U.S. in order to determine not only what Americans wanted from the outdoors, but to consider how those needs and desires might change decades into the future.

    One of the commission’s members was David E. Pesonen, who worked at the Wildland Research Center at the University of California at Berkeley. He was asked to examine wilderness and its relationship to outdoor recreation. Pesonen later became a notable environmental lawyer and leader of the Sierra Club. But at the time, Pesonen had no idea what to say about wilderness.

    However, he knew someone who did. Pesonen had been impressed by the wild landscapes of the American West in Stegner’s 1954 history “Beyond the Hundredth Meridian: John Wesley Powell and the Second Opening of the West.” So he wrote to Stegner, who at the time was at Stanford University, asking for help in articulating the wilderness idea.

    Stegner’s response, which he said later was written in a single afternoon, was an off-the-cuff riff on why he cared about preserving wildlands. This letter became known as the Wilderness Letter and marked a turning point in American political and conservation history.

    Pesonen shared the letter with the rest of the commission, which also shared it with newly installed Secretary of the Interior Stewart Udall. Udall found its prose to be so profound, he read it at the seventh Wilderness Conference in 1961 in San Francisco, a speech broadcast by KCBS, the local FM radio station. The Sierra Club published the letter in the record of the conference’s proceedings later that year.

    But it was not until its publication in The Washington Post on June 17, 1962, that the letter reached a national audience and captured the imagination of generations of Americans.

    Wallace Stegner, right, knew the power of American wilderness landscapes. In this photo, probably from the 1950s, he pauses with his son Page and wife, Mary, on a Yosemite National Park hiking trail.
    Multimedia Archives, Special Collections, J. Willard Marriott Library, University of Utah

    An eloquent appeal

    In the letter, Stegner connected the idea of wilderness to a fundamental part of American identity. He called wilderness “something that has helped form our character and that has certainly shaped our history as a people … the challenge against which our character as a people was formed … (and) the thing that has helped to make an American different from and, until we forget it in the roar of our industrial cities, more fortunate than other men.”

    Without wild places, he argued, the U.S. would be just like every other overindustrialized place in the world.

    In the letter, Stegner expressed little concern with how wilderness might support outdoor recreation on public lands. He didn’t care whether wilderness areas had once featured roads, trails, homesteads or even natural resource extraction. What he cared about was Americans’ freedom to protect and enjoy these places. Stegner recognized that the freedom to protect, to restrain ourselves from consuming, was just as important as the freedom to consume.

    Perhaps most importantly, he wrote, wilderness was “an intangible and spiritual resource,” a place that gave the nation “our hope and our excitement,” landscapes that were “good for our spiritual health even if we never once in ten years set foot in it.”

    Without it, Stegner lamented, “never again will Americans be free in their own country from the noise, the exhausts, the stinks of human and automotive waste.” To him, the nation’s natural cathedrals and the vaulted ceiling of the pure blue sky are Americans’ sacred spaces as much as the structures in which they worship on the weekends.

    Stegner penned the letter during a national debate about the value of preserving wild places in the face of future development. “Something will have gone out of us as a people,” he wrote, “if we ever let the remaining wilderness be destroyed.” If not protected, Stegner believed these wildlands that had helped shape American identity would fall to what he viewed as the same exploitative forces of unrestrained capitalism that had industrialized the nation for the past century. Every generation since has an obligation to protect these wild places.

    Stegner’s Wilderness Letter became a rallying cry to pass the Wilderness Act. The closing sentences of the letter are Stegner’s best: “We simply need that wild country available to us, even if we never do more than drive to its edge and look in. For it can be a means of reassuring ourselves of our sanity as creatures, a part of the geography of hope.”

    This phrase, “the geography of hope,” is Stegner’s most famous line. It has become shorthand for what wilderness means: the wildlands that defined American character on the Western frontier, the wild spaces that Americans have had the freedom to protect, and the natural places that give Americans hope for the future of this planet.

    Death Valley National Park in California contains one of the largest protected wilderness areas in the United States.
    National Park Service/E. Letterman

    America’s ‘best idea’

    Stegner returned to themes outlined in the Wilderness Letter again two decades later in his essay “The Best Idea We Ever Had: An Overview,” published in Wilderness magazine in spring 1983.

    Writing in response to the Reagan administration’s efforts to reduce protection of the National Park System, Stegner declared that the parks were “Absolutely American, absolutely democratic.” He said they reflect us as a nation, at our best rather than our worst, and without them, millions of Americans’ lives, his included, would have been poorer.

    Public lands are more than just wilderness or national parks. They are places for work and play. They provide natural resources, wildlife habitat, clean air, clean water and recreational opportunities to small towns and sprawling metro areas alike. They are, as Stegner said, cures for cynicism and places of shared hope.

    Stegner’s words still resonate as Americans head for their public lands and enjoy the beauty of the wild places protected by wilderness legislation this summer. With visitor numbers increasing annually and agency budgets at historic lows, we believe it is useful to remember how precious these places are for all Americans. And we agree with Stegner that wilderness, public lands writ large, are more valuable to Americans’ collective identity and expression of freedom than they are as real estate that can be sold or commodities that can be extracted.

    Leisl Carr Childers has received funding from the USDA Forest Service, the Henry Luce Foundation, Colorado Parks and Wildlife, and Charles Redd Center for Western Studies.

    Michael Childers has received funding from the USDA Forest Service, the Henry Luce Foundation, Colorado Parks and Wildlife, and the Charles Redd Center for Western Studies.

    – ref. Why protecting wildland is crucial to American freedom and identity – https://theconversation.com/why-protecting-wildland-is-crucial-to-american-freedom-and-identity-254862

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Pension schemes back British growth

    Source: United Kingdom – Executive Government & Departments

    Press release

    Pension schemes back British growth

    Mansion House Accord unlocks up to £50 billion investment for the economy, with first commitments to invest in the UK.

    • More ambitious targets than 2023 Mansion House Compact will unlock investment into UK businesses and major infrastructure projects, including clean energy developments. 

    • Comes ahead of Pensions Investment Review final report, which will create megafunds to drive more investment, boost pension pots and grow the economy through the Plan for Change.

    Up to £50 billion of investment for UK businesses and major infrastructure projects is set to be unlocked through a new agreement with Britain’s biggest pension funds, as the Government goes further and faster to drive growth through the Plan for Change.

    Seventeen workplace pension providers managing around 90 percent of active savers’ defined contribution pensions will sign the Mansion House Accord at a roundtable with the Chancellor and Minister for Pensions in the City of London today (Tuesday 13 May). 

    Signatories to the Accord will pledge to invest 10 percent of their workplace portfolios in assets that boost the economy such as infrastructure, property and private equity by 2030. At least 5 percent of these portfolios will be ringfenced for the UK, expected to release £25 billion directly into the UK economy by 2030.  

    This investment could support clean energy developments across the country, delivering greater energy security and helping to lower household bills, as well as delivering growth finance to Britain’s world-leading science and technology businesses – creating jobs, boosting businesses and putting more money into people’s pockets.

    Pension savers will also benefit from the commitment to invest in private markets. Comparable Australian schemes invest significantly more in private markets and domestic companies than UK schemes, and research suggests greater investment in private markets can deliver security through diversified asset holdings and potentially drive higher returns. 

    The pledge follows hot on the heels of securing trade agreements with India and the US, which will add billions of pounds to the UK economy and protect thousands of steel and car manufacturing jobs, as well as a fourth interest rate cut since last Summer. This demonstrates the UK’s strength in navigating a changing world, going further and faster through our Plan for Change to drive growth and put more money into people’s pockets.

    Rachel Reeves, Chancellor of the Exchequer, said:

    Through our Plan for Change, we are choosing to back British businesses and British workers. I welcome this bold step by some of our biggest pension funds, which will unlock billions for major infrastructure, clean energy, and exciting startups — delivering growth, boosting pension pots, and giving working people greater security in retirement.

    Torsten Bell, Minister for Pensions, said:

    Pensions matter hugely, they underpin not just the retirements we all look forward to, but the investment our future prosperity depends on. I hugely welcome the pensions industry decision to invest in more productive assets, from growing companies to infrastructure. This supports better outcomes for savers and faster growth for Britain.

    Today’s announcement is more ambitious than the 2023 Mansion House Compact, where eleven funds committed to the aim of investing 5 percent of their workplace defined contribution default funds – the off-the-shelf funds providers offer to the vast majority of savers – in unlisted companies by 2030. The new commitment involves the vast majority of the industry and brings more assets into scope, doubles the target from 5 percent to 10 percent, and includes a specific commitment to investing 5 percent in the UK. 

    Progress against the commitment will be monitored and the initiative will be reinforced by measures to be announced in the upcoming final report of the Pensions Investment Review. The final report will tackle fragmentation in the UK pension system, creating pension megafunds that take advantage of scale and consolidation like Australian and Canadian funds do, to invest in productive assets like private markets and big infrastructure projects.  

    Some pension funds have already indicated privately that they will go beyond the targets agreed through the Mansion House Accord, which could lead to even more direct investment in the UK economy – and is particularly welcomed by the government. 

    Today’s commitment comes alongside progress in the government’s efforts to help pension savers benefit from the opportunities of investing in UK growth. The British Business Bank has now received regulatory approval from the Financial Conduct Authority to deliver the British Growth Partnership – which will provide UK pension funds and other institutional investors with access to the Bank’s extensive pipeline of UK venture capital opportunities. 

    The government will continue working with the industry to make sure pension schemes deliver the best possible value for savers — while driving the investment needed to deliver growth and put more money into people’s pockets.

    Yvonne Braun, Director of Policy, Long-Term Savings, Health and Protection at the ABI, said:

    As major investors, the pensions industry already plays a vital role in driving growth in the UK and globally. The Accord formalises the industry’s ambition to invest more in private markets to diversify investments, support innovation and infrastructure, and ensure prosperity.  Investments under the Accord will always be made in savers’ best interests. It is now critical that Government supports the industry’s ambition, by facilitating a pipeline of suitable investment opportunities, tackling barriers to investments, and delivering wider pension reforms effectively.

    Alastair King, Lord Mayor of London, said:

    The Mansion House Accord builds on the strong foundations of the Compact and signals a step change in ambition: more signatories, deeper allocations to private markets, and a clearer commitment to backing UK assets. That includes a renewed focus on revitalising the Alternative Investment Market (AIM) of the London Stock Exchange as well as the Aquis Exchange, which play a critical role in supporting high-growth companies that drive innovation, jobs and productivity. If we want those firms to scale in the UK, we must ensure they have the capital to do so. This is not just about better pension outcomes, it is about building a more dynamic, competitive investment ecosystem. Delivering long-term, sustainable growth is crucial and the City of London Corporation is delighted to have partnered with industry and Government to bring this ambition to life.

    Zoe Alexander, Director of Policy and Advocacy at the PLSA, said:

    UK pension schemes already invest billions in UK growth assets. This accord demonstrates the collective ambition of the DC sector to do even more, as well as its confidence that the UK will provide the right opportunities to invest, consistent with schemes’ fiduciary duty to members. The Government, in its turn, has committed to take action to ensure there is a strong pipeline of investable assets for pension schemes. With everyone playing their part, there is great potential to boost returns for savers while providing vital funding to productive growth areas.

    More information

    • This is a voluntary expression of intent by seventeen signatories. The Mansion House Accord has been jointly led by the ABI, City of London Corporation and the Pensions and Lifetime Savings Association. 

    • Signatories to the new commitment include: Aegon, Aon, Aviva, Legal & General, LifeSight, M&G, Mercer, Natwest Cushon, Nest, NOW: Pensions, Phoenix Group, Royal London, Smart Pension, the People’s Pension, SEI, TPT Retirement Solutions and the Universities Superannuation Scheme (USS). 

    • The signatories to the Accord have stated that £252 billion of assets are subject to the pledge. Based on historical growth rates (which have been halved to reflect a maturing market (17% per annum)) and reflecting further consolidation in the pensions market, this could rise to around £740 billion by 2030.  

    • The £50 billion and £25 billion cash estimates for investment unlocked are indicative and assume current private market investment levels are at 3.5%, of which 40% is UK-based. These are increased to 10% and 50% respectively by 2030 in line with the Accord.   

    • Some providers have indicated they may exceed the private markets investment targets in the Accord, which could lead to additional investment.  

    • Investments will support UK growth sectors, including clean energy infrastructure and innovative small businesses. 

    • Government Actuary Department Analysis from 2024 found that a portfolio with greater exposure to private markets – including infrastructure and private equity – delivered stronger returns than a baseline portfolio comprised largely of overseas equities.   

    • The Pensions Investment Review interim report was published at Mansion House 2024, with the final report due Spring 2025. 
    • Pictures will be published on HMT’s Flickr following the signing event.

    Stakeholder commentary:

    Andy Briggs, Phoenix Group CEO, said:

    This Mansion House Accord will unlock investment in UK private markets while helping deliver better long-term returns and retirements for millions of pension savers. The new commitments have the potential to strengthen the economy by fuelling the growth of British businesses and boosting investment in critical infrastructure.  

    Phoenix Group has already taken a lead by launching Future Growth Capital — the first private market investment manager formed to deliver the commitments made in the initial Mansion House Compact — committing £2.5bn over three years to the UK’s most exciting, innovative and fastest growing companies. The Accord is the natural next step, and we’re proud to play our part in delivering better outcomes for our customers and for the wider society.

    Patrick Heath-Lay, Chief Executive Officer of People’s Partnership, provider of People’s Pension, said:

    People’s Pension has a vital role to play in the exciting, shared vision for the future of the pensions’ industry, which will see bigger, stronger, value-driven schemes that will deliver better value to their members. By signing this Accord, we are reaffirming how seriously we take our commitment to delivering better outcomes, as well as helping to drive UK economic growth.

    David Lane, Chief Executive of TPT Retirement Solutions, said:

    By reaching an agreement with pension providers to invest in UK productive finance in a mutually beneficial way, the Government can achieve its objective and support better outcomes for scheme members. Many pension schemes already invest in productive finance, and most are open to investing more in the UK. Investment in assets such as infrastructure, transportation, housing, venture capital and private markets can play an important role in improving risk-adjusted returns for members while also contributing to economic growth. 

    Meeting the Government’s objectives while also maintaining fiduciary duty and ensuring strong returns for members are not mutually exclusive ambitions. However, hurdles remain around value for money considerations and the availability of suitable investment opportunities. These should be a focus for Government policy to spur more investment. The most pressing issue to deal with is that provider pricing practices leave very little room in the annual management charge for investment fees. There needs to be a shift to a value for money approach that considers the returns from an investment and not just its fees.

    Jelena Croad, Head of LifeSight GB, said:

    Signing up to the Mansion House Accord is a significant step for LifeSight. We believe that private market investments can increase overall returns as part of a diversified portfolio and have already begun investing in this way.  

    Our ability to invest in private markets, without increasing existing fee agreements, showcases our dedication to providing the best possible outcomes for our members. We are excited to be part of this initiative and look forward to contributing to the growth of the economy in which our members live.  

    We are pleased that the government acknowledges the need to increase the pipeline for UK private market investment opportunities. This recognition aligns with our mission to support the growth of innovative firms and sustainable infrastructure within the UK, ultimately enhancing the retirement incomes of millions of UK pension savers.  

    For LifeSight members, these investments are being made as part of our main default funds, ensuring that our members benefit from high-quality investment opportunities.

    Steve Charlton, a member of SPP’s DC Committee and DC Managing Director at SEI, said:

    Due to ongoing collaboration and open dialogue between the industry and the UK government, we have become comfortable with the proposed changes to the Mansion House reforms. This accord demonstrates our collective ambition to have a consolidated workplace pension environment that provides flexibility and choice for pension funds to invest where they see opportunity, whilst balancing their responsibility to members. 

    We welcome the government’s commitment to ensure a good flow of investable opportunities for pension schemes. This mitigates our previous concerns about the risks of high-priced, poor-quality investments in an environment where the originally proposed investable opportunities are scarce. It enables everyone to play their part in helping to deliver better member outcomes and drive economic growth.

    Lorna Blyth, Managing Director – Investment Proposition at Aegon UK, said: 

    Aegon UK is proud to be a signatory of the Mansion House Accord, which aligns with our aim to deliver better long-term outcomes for our pension scheme members. 

    We are committed to ensuring our customers can access and share in the potential growth and success of new, innovative companies as part of diversified portfolios. Leveraging our partnership with the British Business Bank, along with our scale and expertise, we are dedicated to developing investment solutions that improve the retirement outcomes of the millions of members of the defined contribution pension schemes we support. We’ve made significant progress in becoming a DC provider fit for the future – but our journey doesn’t end here. 

    The Accord is a key element of the Government’s growth agenda, alongside other initiatives likely to transform the UK’s DC pensions market. It comes as the conclusions of the Pensions Investment Review are expected imminently and further fundamental changes are expected in the Pension Schemes Bill later this spring. This makes it essential that the Government adopts a pragmatic approach to implementation. Realistic timeframes and a steady supply of high-quality UK investment opportunities across all private asset classes are crucial for ensuring success. This includes collaborating with more organisations such as the British Business Bank to provide access to diverse types of private assets – from private equity to infrastructure, which are all vital for optimising member benefits and developing investment portfolios designed for long term growth.

    Amanda Blanc DBE, Aviva Group Chief Executive Officer, said:

    This is a major opportunity for the pension and investment industry to support UK growth while delivering improved outcomes for pension savers. As a significant investor in private markets, Aviva has recently launched a number of funds to give over four million workplace pension customers even greater opportunity to invest in UK assets, including innovative, early-stage businesses, and we want to do much more.

    Jo Sharples,  CIO, DC Solutions at Aon, said:

    We believe that investing in private assets will benefit pension scheme members by delivering better expected returns over the long-term, ultimately resulting in higher retirement outcomes. The new Mansion House Accord is a great step forward in achieving this and is a fantastic example of how the UK pensions industry can work together to break down barriers to enable greater investment in private assets.

    Updates to this page

    Published 13 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: ASIA/PHILIPPINES – Rodrigo Duterte is once again mayor of Davao

    Source: Agenzia Fides – MIL OSI

    PPCRV

    Davao (Agenzia Fides) – Rodrigo Duterte, the former president of the Philippines, indicted for crimes against humanity before the International Criminal Court, has been elected mayor of Davao, the city on the island of Mindanao where his political career began and where he served as mayor for more than 20 years before being elected president in 2016.Following yesterday’s vote, May 12, in the mid-term elections in the Philippines, which elect the House of Representatives, part of the Senate, and local governments, Duterte was officially declared the winner today, May 13, by the Davao Electoral Council, receiving an overwhelming majority: over 660,000 preferences compared to 80,000 for his opponent, Karlo Nograles, among others, his former spokesman.The position of mayor of Davao is Duterte’s first official post since the end of his term as president. He previously held the office from February 1988 to June 1998, from July 2001 to June 2010, and then from July 2013 to June 2016. The Duterte family has held this office for 34 years, as Duterte’s children succeeded him. Today, his son, Sebastian Duterte, was elected deputy mayor. Duterte’s son entered politics in 2019 and served as mayor from 2022 to 2025. He succeeded his sister Sara, who ran for and was later elected Vice President of the Philippines. She has held the office to this day.The mid-term elections are crucial for the Duterte family, as they consolidate their control over the city of Davao for the next three years. Duterte’s arrest in March was seen as a factor that could have either a negative or positive impact on the family’s image. Duterte’s victory was a testament to his continued popularity among the Filipino people, both locally and nationally. It is worth noting that at least five candidates backed by the Duterte dynasty are running for 12 Senate seats, and according to initial projections, they appear to have a chance of winning.The outcome of the Senate election will be crucial in the case of Vice President Sara Duterte, against whom the Lower House of Parliament has voted to impeach on a range of charges, including misuse of public funds and conspiracy to assassinate President Ferdinand Marcos.The Senate will be asked to confirm or reject the charges in a vote scheduled for next July. Sara Duterte is considered a serious candidate for the 2028 presidential race, but if the Senate confirms the charges, she will be permanently barred from public office. The official results of the mid-term elections will be announced in a week. Meanwhile, the Parish Pastoral Council for Responsible Elections, a monitoring body born within the Catholic Church in the Philippines, actively monitors and oversees electoral transparency at the service of citizens and the entire nation. (PA) (Agenzia Fides, 13/5/2025)
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    MIL OSI Europe News –

  • MIL-OSI Global: Why do cuts to Medicaid matter for Americans over 65? 2 experts on aging explain why lives are at stake

    Source: The Conversation – USA – By Jane Tavares, Senior Research Fellow and Lecturer of Gerontology, UMass Boston

    Medicaid provides health insurance coverage for more than 82 million Americans. FatCamera/E+ via Getty Images

    Republicans in Congress intend to cut about US$880 billion in federal health care spending.

    One of their primary targets is Medicaid. That government program covers 82 million Americans with health insurance. Most of the people enrolled in the program are low income, have disabilities, or both.

    Medicaid, jointly funded by the federal government and the states, is also the biggest funder in the U.S. of long-term care services, whether they are delivered in the patient’s home, another location where they spend part of their day or a nursing home. That makes it particularly important for older adults and those with disabilities. All states must meet the basic federal guidelines for Medicaid coverage. But 41 states have opted to take advantage of the Affordable Care Act provision that expanded eligibility to cover more people under the program.

    We are gerontology researchers who study health and financial well-being in later life. We’ve been analyzing what the potential impacts of Medicaid cuts might be.

    While the debate about how to reduce the budget focuses largely on dollars and cents, we believe that cutting federal spending on Medicaid would harm the health and well-being of millions of Americans by reducing their access to care. In our view, it’s also likely that any savings achieved in the short term would be smaller than the long-term increase in health care costs born by the federal government, the states and patients – including for many Americans who are 65 and older.

    Republican lawmakers are weighing different strategies that could cut federal Medicaid spending.

    Weak track record

    Wary of backlash from their constituents, Republicans have agreed on a strategy that would largely cut Medicaid spending in a roundabout way.

    Previous efforts by the GOP in some states, such as imposing work requirements for some people to get Medicaid benefits, have not greatly reduced costs. That’s largely because there are relatively few people enrolled in the Medicaid program who are physically able to be employed and aren’t already in the workforce. Nor have past efforts to reduce fraud, waste and abuse led to significant savings.

    According to widespread media reports, Republicans are considering changes that would cut the amount of money that the federal government reimburses states for what they spend on Medicaid.

    In May 2025, the nonpartisan Congressional Budget Office estimated that 8.6 million Americans would lose their health insurance coverage should the GOP proposal become law.

    Historically, states have dealt with budget cuts by reducing their payments to health care providers, limiting eligibility or restricting benefits. These reductions all particularly affected home- and community-based services that many disabled and older adults rely on.

    About 3 in 4 of the people with Medicaid coverage who receive long-term care through the program get that care at home, in their communities or both, rather than residing in a nursing home. States save an estimated 26 cents for every dollar spent on those services delivered outside nursing homes.

    Losing coverage can be harmful for your health

    We recently analyzed data from a nationally representative study of approximately 6,000 people who had Medicaid coverage but lost it when they turned age 65 because their income exceeded 100% of the federal poverty level. In 2025, that cutoff is about $15,560 for a single person and $21,150 for a couple.

    Medicaid income eligibility generally drops from 138% to 100% of the federal poverty level at age 65 once Medicare becomes a person’s primary health insurer.

    The people who participated in the study had lost their Medicaid coverage upon turning 65 between 1998 and 2020. Our team followed the experiences of these participants over a 10-year period starting at age 65 to see how they fared compared with people who continue to be enrolled in Medicaid after their 65th birthday.

    What we found was both surprising and disturbing.

    Fewer activities of daily living

    Over the decade following that milestone, the people who lost their Medicaid coverage had more chronic conditions and could perform fewer activities of daily living, such as bathing and getting dressed, without any assistance as compared with those who still had Medicaid coverage. In addition, they were twice as likely to experience depression and be in fair or poor health.

    As people’s health worsened, they also went to the hospital more often and stayed there longer. They also used outpatient surgery services more frequently.

    These services are particularly expensive for the health care system. Depending on the service, it may also be costly for patients. Unlike the comprehensive coverage of Medicaid, the Medicare program fully covers only inpatient hospitalizations, short-term nursing facility care, hospice, some short-term home care, annual wellness visits, vaccines and some basic preventive care. Beyond that, Medicare requires the payment of premiums to help with uncovered services that can also include deductibles and copays.

    This arrangement can lead to significant out-of-pocket costs that make health care hard for low-income older adults to afford unless they have both Medicare and Medicaid coverage.

    We also found that older people who lost Medicaid coverage were less likely to see their primary care physician for routine and follow-up care, despite being enrolled in Medicare. This explains in part why they are going to the hospital more often, likely avoiding routine health care that may incur out-of-pocket costs and eventually utilizing Medicare-covered hospital care when needed.

    In short, we found that exiting the Medicaid program upon turning 65 actually leads to an increase in the use of some of the most expensive health care services, such as inpatient hospitalization and outpatient surgery. So although Medicaid may no longer pay for these costs, the rest of the health care system does.

    Just under 90% of older adults enrolled in Medicare have some kind of supplemental coverage that helps them pay for services that the program doesn’t cover. For 16% of the people with Medicare coverage, Medicaid covers those additional health care costs. The rest of that nearly 90% obtain supplemental coverage from private insurance companies or are enrolled in a Medicare Advantage plan that’s run by a private company instead of the government.

    However, 11% of Americans covered by Medicare don’t have any additional coverage. It is likely that those who lost Medicaid benefits at age 65 may not be able to afford any other supplemental coverage options and fall into this group.

    People who lose Medicaid coverage may die sooner

    One of our more troubling findings was that people who lost Medicaid coverage at age 65 were 14% more likely to die within the next 10 years than were those who kept their coverage in addition to gaining Medicare coverage. This was true even though the people who lost their Medicaid access tended to start out in better health.

    Roughly 12 million Americans are enrolled in both Medicare and Medicaid today. Much is at stake for them and other low-income people as Congress considers making major changes to the program to cut federal spending on it.

    For some Americans, it’s a matter of life and death. For others, it’s a matter of healthy versus unhealthy aging that leads to costlier health care not just for themselves but for the U.S. as a whole.

    Jane Tavares receives funding from the RRF Foundation for Aging.

    Marc Cohen receives funding from the RRF Foundation for Aging.

    – ref. Why do cuts to Medicaid matter for Americans over 65? 2 experts on aging explain why lives are at stake – https://theconversation.com/why-do-cuts-to-medicaid-matter-for-americans-over-65-2-experts-on-aging-explain-why-lives-are-at-stake-254256

    MIL OSI – Global Reports –

  • MIL-OSI Global: Trump guts low-income energy assistance as summer heat descends and electricity prices rise

    Source: The Conversation – USA – By Conor Harrison, Associate Professor of Economic Geography, University of South Carolina

    Cities like Houston get high humidity in addition to the heat, making summer almost unbearable without cooling. Brandon Bell/Getty Images

    The U.S. is headed into what forecasters expect to be one of the hottest summers on record, and millions of people across the country will struggle to pay their power bills as temperatures and energy costs rise.

    A 2023 national survey found that nearly 1 in 4 Americans were unable to pay their full energy bill for at least one month, and nearly 1 in 4 reported that they kept their homes at unsafe temperatures to save money. By 2025, updated polling indicated nearly 3 in 4 Americans are worried about rising energy costs.

    Conservative estimates suggest that utilities shut off power to over 3 million U.S. households each year because the residents cannot pay their bills.

    This problem of high energy prices isn’t lost on the Trump administration.

    On the first day of his second term in 2025, President Donald Trump declared a national energy emergency by executive order, saying that “high energy prices … devastate Americans, particularly those living on low- and fixed incomes.”

    Secretary of Energy Christopher Wright raised concerns about utility disconnections and outlined a mission to “shrink that number, with the target of zero.”

    Yet, the administration’s 2026 budget proposal zeros out funding for the Low Income Home Energy Assistance Program, or LIHEAP, the federal program that administers funding to help low-income households pay their utility bills. And on April 1, 2025, the administration laid off the entire staff of the LIHEAP office.

    During the hottest periods, even nighttime temperatures might not drop below 90 in Phoenix. Without air conditioning, homes can become dangerously hot.
    Patrick T. Fallon/AFP via Getty Images

    Many people already struggle to cobble together enough help from various sources to pay their power bills. As researchers who study energy insecurity, we believe gutting the federal office responsible for administering energy bill assistance will make it even harder for Americans to make ends meet.

    The high stakes of energy affordability

    We work with communities in South Carolina and Tennessee where many residents struggle to heat and cool their homes.

    We see how high energy prices force people to make dangerous trade-offs. Low-income households often find themselves choosing whether to buy necessities, pay for child care or pay their utility bills.

    One elderly person we spoke with for our research, Sarah, explained that she routinely forgoes buying medications in order to pay her utility bill. Another research participant who connects low-income families to energy bill assistance in Tennessee said: “I’ve gone into these homes, and it’s so hot. Your eyes roll in the back of your head. It’s like you can’t breathe. How do you sit in here? It’s just unreal.”

    Unfortunately, these stories are increasingly common, especially in low-income communities and communities of color.

    Electricity prices are predicted to rise with worsening climate change: More frequent heat waves and extreme weather events drive up demand and put pressure on the grid. Furthermore, rising energy demand from data centers – supercharged by the increasing energy use by artificial intelligence – is accelerating price increases.

    Shrinking resources for assistance

    LIHEAP, created in 1981, provides funding to states as block grants to help low-income families pay their utility bills. In fiscal year 2023, the program distributed US$6.1 billion in energy assistance, helping some 5.9 million households avoid losing power connections.

    The program’s small staff played critical roles in disbursing this money, providing implementation guidelines, monitoring state-level fund management and tracking and evaluating program effectiveness.

    A long line of utility customers wait to apply for help from the Low-Income Energy Assistance Program in Trenton, N.J., in 2011. In 2023, around 6 million households benefited from LIHEAP.
    AP Photo/Mel Evans

    LIHEAP has historically prioritized heating assistance in cold-weather states over cooling assistance in warmer states. However, recent research shows a need to revisit the allocation formula to address the increasing need for air conditioning. The layoffs removed staff who could direct this work.

    It is unlikely that other sources of funding can fill in the gaps if states do not receive LIHEAP funds from the federal government. The program’s funding has never been high enough to meet the need. In 2020, LIHEAP provided assistance to just 16% of eligible households.

    Our research has found that, in practice, many households rely on a range of local nonprofits, faith-based organizations and informal networks of family and friends to help them pay their bills and keep the power on.

    For example, a research participant named Deborah reported that when faced with a utility shut-off, she “drove from church to church to church” in search of assistance. United Way in South Carolina received over 16,000 calls from people seeking help to pay their utility bills in 2023.

    These charitable services are an important lifeline for many, especially in the communities we study in the South. However, research has shown that faith-based programs do not have the reach of public programs.

    Without LIHEAP, the limited funds provided by nonprofits and the personal connections that people patch together will be stretched even thinner, especially as other charitable services, such as food banks, also face funding cuts.

    What’s ahead

    The $4.1 billion that Congress allocated to LIHEAP for the 2025 fiscal year, which ends Sept. 30, has already been disbursed. Going forward, however, cuts to LIHEAP staff affect its ability to respond to growing need. Congress now has to decide if it will kill the program’s future funding as well.

    Maricopa County in Arizona, home to Phoenix, illustrates what’s at stake. Annual heat-related deaths have risen 1,000% there in the past decade, from 61 to 602. Hundreds of these deaths occurred indoors.

    Cooling becomes essential during Arizona’s extreme summers. Maricopa County, home to Phoenix, reported more than 600 heat-related deaths in 2024.
    AP Photo/Ross D. Franklin

    We believe gutting LIHEAP puts the goal of energy affordability for all Americans – and Americans’ lives – in jeopardy. Until more affordable energy sources, such as solar and wind power, can be scaled up, an expansion of federal assistance programs is needed, not a contraction.

    Increasing the reach and funding of LIHEAP is one option. Making home weatherization programs more effective is another.

    Governments could also require utilities to forgive past-due bills and end utility shut-offs during the hottest and coldest months. About two dozen states currently have rules to prevent shut-offs during the worst summer heat.

    For now, the cuts mean more pressure on nonprofits, faith-based organizations and informal networks. Looking ahead to another exceptionally hot summer, we can only hope that cuts to LIHEAP staff don’t foreshadow a growing yet preventable death toll.

    Etienne Toussaint, a law professor at the University of South Carolina, and Ann Eisenberg, a law professor at West Virginia University, contributed to this article.

    Conor Harrison receives funding from the National Science Foundation and the Alfred P. Sloan Foundation.

    Elena Louder receives funding from the Alfred P. Sloan Foundation.

    Nikki Luke receives funding from the Alfred P. Sloan Foundation. She previously worked at the U.S. Department of Energy.

    Shelley Welton receives funding from the Alfred P. Sloan Foundation.

    – ref. Trump guts low-income energy assistance as summer heat descends and electricity prices rise – https://theconversation.com/trump-guts-low-income-energy-assistance-as-summer-heat-descends-and-electricity-prices-rise-256194

    MIL OSI – Global Reports –

  • MIL-OSI: TRESU Investment Holding A/S – Annual General Meeting 2025

    Source: GlobeNewswire (MIL-OSI)

    TRESU INVESTMENT HOLDING A/S
    ANNOUNCEMENT NO. 06.2025
    13.05.2025

    TRESU Investment Holding A/S – Annual General Meeting 2025

    On the annual general meeting 2025 of Tresu Investment Holding A/S the following decisions were made:

    • The audited annual report for 2024 was adopted.
    • In accordance with the proposal by the Board of Directors, the loss as recorded in the annual report was appropriated.
    • Jean-Marc Denis Lechene, Søren Dan Johansen, Ola Harald Erici and Stephan Hubert Plenz were re-elected as members of the Board of Directors.
    • PriceWaterhouseCoopers Statsautoriseret Revisionspartnerselskab was re-elected as auditor of the company.
    • The Board of Directors and the Executive Board were discharged from liability.

    The general meeting had specifically waived the requirement for notice and presentation of documents under the Danish Companies Act and the Articles of Association. 

    For further details, please contact

    CFO, Torben Børsting, phone: +45 5130 2780

    The MIL Network –

  • MIL-OSI: Apollo Hybrid Funds to Acquire PowerGrid Services from The Sterling Group

    Source: GlobeNewswire (MIL-OSI)

    Investment Will Support Leading Provider of Electric Utility Maintenance and Construction Services in its Mission to Address Growing US Power Demand and Needed Grid Improvements

    HARTSELLE, Ala. and NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE:APO) today announced that Apollo-managed funds and affiliates associated with its hybrid strategies (the “Apollo Funds”) have agreed to acquire a majority stake in PowerGrid Services (“PGS”), a leading provider of maintenance and construction services to electric utilities across the United States. The Apollo Funds will partner with existing PGS investors, including company management and The Sterling Group, to support PGS’s continued growth.

    PowerGrid Services keeps the lights on across America by delivering essential utility services—from routine construction and maintenance to emergency response. With over 1,400 skilled in-house professionals and thousands more through its national vendor network, PGS brings scale and speed to utility customers nationwide. Its hybrid service model supports construction, repair and maintenance of the full power grid, including transmission, distribution, substations and vegetation management. PGS’s safety-first culture and reliability has made it a go-to partner for grid modernization and resilience efforts in over 35 states.

    Quentin Gillette, CEO of PGS, and Beth Gillette, PGS Board Member and Strategic Advisor, said, “We are thrilled to announce this transaction with Apollo, which marks an exciting milestone for our company. We founded PGS with a clear vision to be a trusted utility partner dedicated to solving challenges, strengthening our nation’s electric grid and improving quality of life in the communities where we operate. Apollo’s operational and strategic support will help us level up our capabilities and growth while remaining true to our culture and core mission of providing safe and reliable services to our customers. We are also grateful for The Sterling Group’s support over the past several years.”

    Craig Horton, Partner at Apollo, said, “We are proud to partner with Quentin, Beth and the entire PGS leadership team to support PGS’s growth as a trusted partner to electric utility customers across the US. Apollo is focused on meeting the capital needs of industries that are driving a Global Industrial Renaissance, and we believe PGS is well positioned to help meet the growing demand for power across the country through its contributions to grid stability and electric infrastructure. The investment by the Apollo Funds enables us to bring the considerable resources of the Apollo platform to bear to help accelerate PGS’s geographic expansion, both organically and through its targeted acquisition strategy.”

    Kent Wallace, Partner at The Sterling Group, said, “Since 2021, our team has worked closely with PGS’s leadership group to help the company triple in size and deliver the infrastructure needed to meet critical electric grid services. We look forward to supporting the company’s continued success.”

    The transaction is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals.

    J.P. Morgan Securities LLC acted as financial advisor to the Apollo Funds on the transaction, while Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel.

    Lincoln International acted as financial advisor to PGS and its shareholders, including management and The Sterling Group, while Kirkland & Ellis LLP served as legal counsel.

    About PowerGrid Services

    PowerGrid Services (“PGS”) is a national provider of mission-critical electric utility services, offering a uniquely integrated platform across planned infrastructure work and rapid emergency response. Leveraging a hybrid service model that combines an in-house team of more than 1,400 skilled professionals with access to thousands of additional resources through our national vendor network, the company is built to respond quickly and safely when it matters most. PGS supports the full electrical infrastructure lifecycle, providing construction, repair, and maintenance from distribution and transmission to substations and vegetation management. The company’s commitment to safety and service excellence has made it a trusted partner for grid modernization, hardening, and event response to investor-owned utilities, municipalities, and co-ops across 35 states.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    About The Sterling Group

    Founded in 1982, The Sterling Group is a private equity investment firm that targets investments in manufacturing, distribution, and industrial services companies. Typical enterprise values of these companies at initial formation range from $100 million to $750 million. Sterling has sponsored the buyout of 74 platform companies and numerous add-on acquisitions for a total transaction value of over $25 billion. Sterling currently has $9.4 billion of assets under management. For further information, please visit www.sterling-group.com.

    Past performance is no guarantee of future results and all investments are subject to loss.

    Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    Franny Jones
    Partner, Investor Relations
    The Sterling Group
    713-341-5756
    IR@sterling-group.com 

    The MIL Network –

  • MIL-OSI: Auto and Property Insurance Shopping in First Quarter 2025 Elevated Compared to One Year Ago

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 13, 2025 (GLOBE NEWSWIRE) — Auto insurance shopping in Q1 2025 increased 10% compared to the same period in 2024. Home insurance shopping was up 5% year over year, according to TransUnion (NYSE: TRU) research.

    While the trend of elevated shopping levels has been consistent for some time, a key difference emerged over the last quarter for auto insurance. Higher-risk consumers are once again the most active shoppers for the first time since Q4 2021. Insurers may have returned to traditional practices of focusing rate increases on higher risk segments, rather than across the board.

    As a result, higher-risk customers are still shopping for lower rates, while mid- and low-risk customers may have seen their rates stabilize. These findings and more are included in TransUnion’s latest quarterly Insurance Personal Lines Trends and Perspectives Report.

    “As rates have settled for the majority of auto insurance customers, we are experiencing a return to historical insurance shopping patterns, which correlate price sensitivity closely to relative insurance risk,” said Patrick Foy, senior director of strategic planning for TransUnion’s Insurance business. “However, uncertainty in the cost and availability of parts for vehicle and home repairs, could eventually lead to a return of broad-based price increases, and weather-related catastrophes—while still unpredictable—have also become a far more common and costly phenomenon.”

    The report notes that natural disasters have increased substantially, with 27 observed $1 billion dollar-plus disasters in 2024. This is more than double the 2010-2019 average of 13 disasters per year. The overall 2024 total cost was around $183 billion—also more than double the average annual cost in the 2010s.1 

    Generational shifts in homeownership
    The home insurance landscape is facing other changes as well. In 2009 more than half of Gen X consumers owned homes. However, in 2024, only 41% of Millennials at a similar age were homeowners. This is primarily due to the increasing size and cost of housing inventories that led to delays in homeownership or have priced many young adults out of the housing market entirely.

    As a result, there is a shift in home composition, with two- and even three-generation households becoming more common. Only 38% of credit-active occupants were living alone as of 2024, compared to 45% in 2009. Consumers seem to expect this trend to continue. According to a recent TransUnion consumer survey,18% of Gen X, 26% of Millennials and 35% of Gen Z plan to provide financial support to parents and grandparents in the next five years.2

    “As consumers are readjusting their lifestyles in the face of new economic realities, insurers must also become flexible with their policy offerings,” said Foy. “Multi-generational households represent a different risk profile as well as a different audience segment for their marketing.”

    By acknowledging this emerging trend in household composition, insurers can design products that more effectively price the inherent risks. They can also design advertising campaigns that better reach and resonate with their desired customers.

    Insurers can achieve more effective marketing with TransUnion’s TruAudience® suite of marketing solutions that help with identity resolution, audience building and measurement.

    Read the latest Insurance Personal Lines Trends and Perspectives Report.

    1. Billion-Dollar Weather and Climate Disasters | Time Series | National Centers for Environmental Information (NCEI)
    2. 2025 TransUnion Insurance Summit Consumer Survey

    About TransUnion’s Insurance Personal Lines Trends and Perspectives Report
    This quarterly publication examines trends in the personal lines insurance industry, including shopping, migration, violation, credit-based insurance stability and more. The Trends and Perspectives Report research is based almost entirely on TransUnion’s extensive internal data and analyses. It includes information on insurance shopping transactions from October 2023 to March 2025. However, the report excludes shopping data from insurance customers in California, Hawaii (auto), Massachusetts (auto), and Maryland (property), where credit-based insurance scoring information is not used for insurance rating or underwriting.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

     

    The MIL Network –